The Three Main Models That Managers Use to Make Decisions

question 89

Multiple Choice

The three main models that managers use to make decisions are ________.

• A)rational, bounded rational, and intuitive
• B)rational, irrational, and bounded rational
• C)intuitive, unintuitive, and rational
• D)bounded rational, intuitive, and systematic

Recognize the advantages of HR forecasting for organizations.

Understand the role of mentorship in acquiring firm-specific human capital competencies.

Analyze HR issues and recommend strategic planning alignments.

Describe methods for addressing future personnel requirements.

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Definitions:

Articles of Incorporation

A set of formal documents filed with a government body to legally document the creation of a corporation.

Organizational Meeting

The initial meeting held by the founders or directors of an organization, corporation, or other entity to establish its structure and operations.

FDIC

The Federal Deposit Insurance Corporation, a U.S. government agency that insures deposits at banks and savings associations up to a certain limit.

Public Corporation

A corporation that is created by government to help administer law.