Managers Who Optimize Their Decisions Will Attempt to

question 14

Multiple Choice

Managers who optimize their decisions will attempt to

• A)choose the first, minimally acceptable alternative.
• B)fix on the decision that is fastest to make.
• C)zero in on the least expensive option available in the market.
• D)decide on whatever produces the least challenge or conflict.
• E)achieve the best possible balance among several goals.

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Definitions:

Construct

An abstract concept that is specifically chosen or created to explain a given phenomenon.

True-Experimental Design

True-experimental design is a type of experimental research methodology that involves the manipulation of variables, control of extraneous variables through random assignment, and the comparison between a control group and one or more experimental groups to determine causal relationships.

Cause and Effect

A relationship between two events where one event (the cause) directly results in the other event (the effect).

Applied Research

Research aimed at solving practical problems rather than acquiring knowledge for knowledge's sake.