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The Model of Decision Making That Explains How Managers Should

question 104

Multiple Choice

The model of decision making that explains how managers should make decisions,assuming managers will make logical decisions that will be the optimum in furthering the organization's best interests,is known as the ____.


Definitions:

Agent

An individual or entity authorized to act on behalf of another (the principal) in transactions or other matters.

Duty Of Obedience

The requirement for directors and officers of an organization to act in accordance with its goals and directives.

Clearly Stated

Expressed in a manner that leaves no doubt about the meaning or intentions.

Good Faith

The principle of honesty and sincerity in dealings, especially in fulfilling contractual obligations.

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