When a Manager Chooses the First Satisfactory Alternative That Comes

question 15

Multiple Choice

When a manager chooses the first satisfactory alternative that comes to his or her attention during the decision making process, ______________ has occurred.

• A) satisficing
• B) intuition
• C) rationalisation
• D) suboptimisation
• E) optimisation

Explain the role of discrimination, education, and training on income distribution.

Understand the economic arguments surrounding income equality and its implications.

Recognize factors contributing to growing income inequality in the United States since the 1980s.

Differentiate between the concepts of income and wealth and their distribution.

---

Definitions:

Visible Minorities

Groups of people who are not part of the majority race or ethnicity in a specific country or region, often facing different forms of discrimination or societal challenges.

Canadian Population

The total number of people living in Canada, reflecting its diverse society composed of individuals from a multitude of ethnic, cultural, and religious backgrounds.

Age 65

Traditionally considered the age of retirement in many societies, often associated with eligibility for certain social security and pension benefits.

Sick Role

A concept in medical sociology that describes the rights and obligations of individuals who are identified as ill, including exemptions from normal social roles and expectations of seeking help and compliance with medical advice.