What Is Likely to Happen to Organizations That Pay Little

question 115

Multiple Choice

What is likely to happen to organizations that pay little attention to either cultural values or business results?

• A) Unlikely to survive for long
• B) No help for performance during hard times
• C) Profitable in short run but difficult to sustain over long term
• D) High performance
• E) none of these

---

Definitions:

Participative Decision Making

Decision making in which individuals who are affected by decisions influence the making of those decisions.

Bounded Rationality

A concept that decision-makers are limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make decisions.

Heuristics

Mental shortcuts or rules of thumb that simplify decision-making processes.

Preferences

Individual choices or inclinations towards certain options, objects, or outcomes over others.