What Is the Major Information Problem Confronting Managers

question 41

Multiple Choice

What is the major information problem confronting managers?

• A)Information coming in too slowly
• B)Information scarcity
• C)Information coming in too fast
• D)Too much irrelevant information
• E)Not enough information to make decisions

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Definitions:

Environmental Factors

Elements or conditions in the surrounding environment that impact the functioning and behavior of individuals, organizations, or systems.

Aligning People

The process of ensuring that everyone in an organization understands its goals and strategies and works in harmony to achieve them.

Henri Fayol

A French engineer and management theorist known for developing one of the earliest theories of management.

Organizing

The act of arranging or structuring elements in a systematic way to achieve objectives and maintain order.