A Major Problem with the Rapid Expansion in the Amount

question 83

Multiple Choice

A major problem with the rapid expansion in the amount of information available to managers is that

• A) managers can become overwhelmed with too much information.
• B) information costs are skyrocketing.
• C) the capacities of computer hard drives and other storage media are no longer sufficient to store the huge volume of information being generated.
• D) the need to gather this information has resulted in greater levels of bureaucracy.

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Definitions:

Stock Option Plan

A benefits program offered by companies that gives employees the option to buy company stock at a discounted price, often used as an incentive or reward.

Pay-as-you-Go

A financial strategy where expenses are paid for with current income rather than through borrowing or using existing savings.

Job Enrichment

A management strategy that enhances job content by adding tasks that increase responsibility, autonomy, and the scope of tasks performed.

Autonomy

The condition or quality of being autonomous; independence or the right to self-govern.