Departmentalizing Decisions Increases the Risk of __________ Leading to a Poor

question 185

Multiple Choice

Departmentalizing decisions increases the risk of __________ leading to a poor decision.

• A)bounded rationality
• B)suboptimization
• C)risk aversion
• D)misspecification
• E)complexification

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Definitions:

Social Influence

Refers to the effect that the words, actions, or mere presence of other people have on our thoughts, feelings, attitudes, or behaviors.

Industrial Unions

Labor unions that represent all workers, skilled and unskilled, within a particular industry.

Professional Workers

Employed individuals possessing specialized skills, qualifications, and knowledge, typically in fields requiring advanced education.

White-collar Workers

Employees who perform professional, clerical, managerial, or administrative work, typically in an office setting.