In Which of the Following Decisions Is a Person Likely

question 93

Multiple Choice

In which of the following decisions is a person likely to berationally ignorant?

• A)deciding on which car to buy
• B)deciding on where to live
• C)deciding on which mayoral candidate to vote for (True Answer )Correct
• D)deciding on which television show to watch

---

Definitions:

Open-Book Management

A management approach where employees are provided with company financial information to involve them in decision-making processes.

Human Resource Information Systems

A system of databases and information management that automates processes related to the human resource management functions like payroll, recruitment, and performance evaluation.

Human Resource Planning

The process of identifying the current and future human resources needs of an organization to achieve its goals.

Reduction Strategy

Approaches businesses use to downsize, reduce costs, or streamline operations, often involving layoffs or selling off assets.