The Carnegie Model of Organizational Decision Making Says That Organizational

question 24

Multiple Choice

The Carnegie model of organizational decision making says that organizational decisions:

• A) involve few managers because of the simplicity with which decisions are made.
• B) use coalitions for the final choice.
• C) avoid the pitfall of problemistic search.
• D) uses coalitions only at lower levels of management.

Assess the impact of various financial ratios on a company's liquidity and ability to pay interest on debt.

Identify the limitations of reliance on a single financial ratio for liquidity assessment.

Interpret the relevance of profitability ratios in evaluating management's operational effectiveness.

Compare company data with industry averages to assess a company's market standing.

---

Definitions:

Finite Capacity

Refers to the limited resources, such as time, space, or equipment, that a system or process has available for use.

Unlimited Capacity

A theoretical condition where a system can handle any amount of workload without restrictions or limitations.

Gantt Load Chart

A Gantt Load Chart is a visual project management tool used to schedule and track the progress of tasks over time, often displaying the start and end dates of tasks in a project and how they overlap.

Loading Time

The time period required to prepare and load goods into transport vehicles or machinery, critical in logistics and manufacturing for determining overall efficiency and productivity.