Please Define the Following Key Terms

question 34

Short Answer

Please define the following key terms.
- Royal absolutism

Understand how organizational structures facilitate the management of processes and tasks within companies.

Analyze how geographical and customer structures cater to regional and customer-specific needs.

Explain how divisional structures support product, service differentiation, and customer satisfaction.

Understand the challenges and complexities involved in managing organizational structures.

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Definitions:

Postdecision Dissonance

In the theory of cognitive dissonance, tension that occurs when you believe you may have made a bad decision.

Tension

A state of mental or emotional strain, stress, or conflict that can also refer to the physical stretching of an object or material.

Decision

The act or process of making choices or selecting an option from a range of possibilities, often after a period of deliberation.

Framing Effect

The tendency for people’s choices to be affected by how a choice is presented, or framed, such as whether it is worded in terms of potential losses or gains.