The Amount of Information Managers Receive Each Day

question 63

Multiple Choice

The amount of information managers receive each day

• A) is never enough; when it comes to managerial decision making, there is no such thing as too much information.
• B) has been managed much more efficiently in recent years, largely due to the development of spreadsheets.
• C) has remained remarkably stable over the years.
• D) has become so great that it now threatens to bury many decision makers in infoglut.

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Definitions:

Pay Increase

An upward adjustment in wages or salary granted to an employee based on performance, labor market conditions, or negotiations.

Competitive Disadvantage

A condition where a company or country is not as well-positioned as its competitors to compete effectively in the market, often due to inferior resources, capabilities, or strategies.

Mandatory Bargaining Issue

Subjects that, by law, must be discussed in the process of collective bargaining between employers and employees' representatives.

Plant Closure

The process of shutting down a manufacturing plant or facility, often leading to significant job losses and economic impacts on the local community.