The Administrative Model of Decision Making Assures That Most Managers

question 112

Multiple Choice

The administrative model of decision making assures that most managers settle for a __________ rather than a __________ solution.

• A) minimizing; maximizing
• B) satisficing; maximizing
• C) top-level; bottom-line
• D) maximizing; satisficing
• E) challenging; simple

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Definitions:

Nikolai Kondratiev

A Russian economist best known for proposing the theory of long economic cycles, or "Kondratiev waves," which suggest that capitalist economies experience long-term cycles of boom and bust.

Biotechnology

The use of living organisms or other biological systems in the production of drugs, agricultural products, and technologies.

Atomic Bomb

A weapon of mass destruction that releases energy through nuclear reactions, causing significant destruction and radiation exposure.

Robert Oppenheimer

A physicist known as the "father of the atomic bomb" for his role in the Manhattan Project, the World War II project that developed the first nuclear weapons.