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Wal-Mart has implemented an energy-efficient trucking fleet, is increasing its use of green materials in buildings, and aims to eliminate all the company's landfill waste by 2025. Wal-Mart is focusing its efforts on which of the following?
Behavioural Decision Model
A framework suggesting that decisions are influenced by psychological and social factors, recognizing that humans may not always act rationally.
Cost-Benefit Analysis
A comparison of the costs and benefits of each potential course of action.
Lack-Of-Participation Error
Failure to involve in a decision the persons whose support is needed to implement it.
Classical Decision Model
A theory suggesting decision-making is a rational process, where choices are made logically and with full information.
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