Considerable Risks Are Involved When Managers Make Decisions MOST LIKELY

question 8

Multiple Choice

Considerable risks are involved when managers make decisions MOST LIKELY because the decisions ________.

• A) are made under uncertain conditions
• B) affect many people
• C) produce significant revenue
• D) are plagued with faulty judgements

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Definitions:

Automatization

The process by which tasks and processes become automatic and require less cognitive effort through repetition and practice.

Concrete Operational Thought

A stage in Piaget's theory of cognitive development, where children aged 7 to 11 years become capable of logical thought processes but are not yet able to think abstractly.

School-Age Children

Refers to children who are in the age range of attending elementary or primary school, typically ages 5 to 12.

Preoperational

A stage in Piaget’s cognitive development theory where children are unable to think logically and engage in symbolic play.