A Manager's Decision Making Is Often Shaped by Its Perception

question 81

Multiple Choice

A manager's decision making is often shaped by its perception of the competition. Which of the following does Netflix see as being in competition with the firm?

• A) Video games
• B) Magazines
• C) DVD watching
• D) Amazon Prime
• E) All of the above

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Definitions:

Belief

A cognitive acceptance that something is true or exists, often without needing empirical evidence.

Selective Screening

The process of filtering information to focus on the most relevant or significant details, often to reduce information overload.

Perceptual Process

The sequence of psychological steps that a person uses to organize and interpret information from the external world into a coherent picture.

Internal Factor

A factor that originates within an organization, individual, or system, affecting its function or behavior.