The Garbage Can Model of Decision-Making Suggests That Good Decisions

question 31

Multiple Choice

The garbage can model of decision-making suggests that good decisions

• A) often happen almost randomly by chance.
• B) involve combining lots of options together.
• C) are the result of rational thinking processes.
• D) involve digging through lots of mixed-up information.

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Definitions:

Employment Contract

A legal agreement between an employer and an employee that outlines the terms and conditions of employment.

Duty Of Loyalty

An obligation for individuals in certain roles to act in the best interest of another person or entity, typically within a fiduciary relationship.

Duty Of Care

An obligation to ensure the safety or well-being of others through a reasonable level of attention and caution.

Business Judgment Rule

A legal principle that protects company directors and officers from liability for decisions made in good faith and believed to be in the best interest of the company.