The Suggestion That People Are "Satisficers" Is Similar to the View

question 21

Multiple Choice

The suggestion that people are "satisficers" is similar to the view that people

• A)are wealth-maximizers.
• B)exhibit "bounded rationality."
• C)go to a lot of trouble to weigh costs and benefits before choosing a course of action.
• D)change their minds often.

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Definitions:

Job Knowledge

The understanding and expertise a person has regarding the tasks, processes, and responsibilities of a specific job.

People-Building Skills

The ability to teach, counsel, and otherwise develop others to higher levels of performance; a quality of leadership desired by followers. Developing others is a leadership function viewed by many leaders as the most rewarding of their tasks.

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability, inclined towards seeking stimulation in the company of others.

Organizational Politics

The complex social interactions, strategies, and power plays individuals use within organizations to gain advantage or achieve specific goals.