Suppose Policy Makers Are Concerned About a Shortage of Long-Term

question 69

Multiple Choice

Suppose policy makers are concerned about a shortage of long-term capital investment.To remedy the problem,various plans to cut capital gains taxes have been suggested.The delay in picking a plan is called the _____.

• A)implementation lag
• B)policy coordination problem
• C)decision-making lag
• D)recognition lag
• E)effectiveness lag

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Definitions:

General Decision-making Model

A systematic approach to making decisions that involves identifying a problem, generating alternative solutions, evaluating these solutions, and then implementing the chosen solution.

Scanning The Environment

The act of systematically reviewing the competitive, economic, political, and social landscapes to anticipate and react to changes.

Law Of Unintended Consequences

The Law of Unintended Consequences highlights the unpredictable and unintended effects that can result from an action or decision.

Relevant To Managers

Relevant to managers refers to information, trends, skills, or knowledge that is directly applicable or crucial for managing organizations, making decisions, and leading teams effectively.