Employees Should NOT Make the Decision Alone (Without the Manager's

question 54

Multiple Choice

Employees should NOT make the decision alone (without the manager's involvement) when:

• A)their goals and norms conflict with the organization's objectives.
• B)they lack commitment to decisions made by the boss alone.
• C)they possess more knowledge than the manager.
• D)the employees are likely to disagree with each other regarding the preferred solution.
• E)the problem calls for a nonprogrammed decision.

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Definitions:

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds (ETFs).

Minimum Variance Portfolio

The minimum variance portfolio represents an investment portfolio constructed to achieve the lowest possible volatility or risk for its expected return, based on the correlation between assets.

Efficient

The ability to achieve a desired result without wasted energy or effort.

Optimal Portfolio

Optimal Portfolio is an investment portfolio that offers the highest expected return for a specific level of risk or the lowest risk for a given level of expected return.