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Many times when working with a new manager,Amy,a successful small-business owner,asks the manager,"What management method do you think will work best in this situation?" In this situation,Amy is utilizing the scientific management approach.
Principle Of Scarcity
A tactic used in negotiation and persuasion suggesting that a product, resource, or opportunity is limited in availability, thereby increasing its desirability.
Scarce Resource
A resource that is limited in availability and cannot meet all demands.
Decision-Making Process
The sequence of steps or actions taken to identify and solve problems or make choices between alternative courses of action.
Tough Decisions
Challenging choices that often involve a high level of risk, uncertainty, or complexity.
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