Examlex
Multiple employers may pool jobs in order to create career paths for entry-level employees and to help prevent these employees from being stuck in dead-end jobs. Which of the following terms is used to describe this strategy?
Bounded Rationality Model
A concept suggesting that individuals make decisions based on the limited information available to them and their own mental processing limitations.
Decision Alternatives
The different options or courses of action available to decision-makers.
Potential Value
The future worth or usefulness that something holds, not currently realized but that could be achieved under certain conditions.
Maximum Possible Gain
The highest achievable outcome or benefit from a specific action or set of actions in a given scenario.
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