Vigilance in Decision Making Means the

question 125

Multiple Choice

Vigilance in decision making means the

• A)customer realizes increased value as a result of the decision.
• B)manager has carefully completed all stages in the decision-making process.
• C)manager has overdone the decision-making process.
• D)employees have full control over the decision-making process.
• E)employees have been monitored to see their reactions to the decision.

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Definitions:

Trade Barriers

Measures implemented by governments to regulate or limit international trade, including tariffs, quotas, and embargos, to protect domestic industries.

Power Distance

The degree to which a culture accepts unequal distribution of power.

Inequality

The uneven distribution or imbalance of resources, opportunities, and rights among individuals or groups, leading to disparities in wealth, status, and power.

Formality

The degree to which activities, procedures, or operations are structured and officially sanctioned.