Which of the Following Statements About Decision Making in a Crisis

question 30

Multiple Choice

Which of the following statements about decision making in a crisis is true?

• A)In crises,managers should make decisions after taking all of the details into account so the decision they make is the correct one.
• B)Crisis management can be best handled as the crisis occurs.
• C)Unfortunately tracking systems for early warning signals of a crisis are not available so decisions must be made using bounded rationality.
• D)An effective plan for crisis management is essential for the management agenda.
• E)Crises can never provide benefits to a company.

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Definitions:

Lack of Interest

A reduction in engagement, enthusiasm, or concern for activities or subjects that one previously found enjoyable or important.

Benzodiazapines

A class of psychoactive drugs known to have calming effects, used primarily for treating anxiety, insomnia, and various other conditions.

Fatal Overdose

The ingestion or exposure to a substance in quantities that exceed the levels of safety, leading to death.

Significant Increase

A noticeable or important growth or rise in numbers, magnitude, or degree.