The Ideal, but Seldom Achieved, Condition for Managerial Problem Solving

question 58

Multiple Choice

The ideal, but seldom achieved, condition for managerial problem solving is characterised by:

• A) low risk, because managers seek a little stimulation.
• B) certainty, because the manager simply has to locate the alternative offering the best solution.
• C) high risk, because that is when high profits are possible.
• D) uncertainty, because that offers the greatest chance for creativity.
• E) normality, because that is the condition under which all the business principles work.

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Definitions:

IQ Tests

Standardized tests designed to measure human intelligence and cognitive abilities.

Environmental Factors

External elements, including everything from climate and weather to social conditions and government policies, that can influence organisms and their development.

Intelligence Level

A measure of a person's cognitive abilities and potential.

Weakly Heritable

Refers to traits or characteristics that have a low genetic influence compared to environmental factors.