Most Managers Settle for a ____ Rather Than A(n) ____

question 41

Multiple Choice

Most managers settle for a ____ rather than a(n) ____ solution.

• A) minimizing; maximizing
• B) satisficing; maximizing
• C) feasible; unrealistic
• D) maximizing; satisficing
• E) simple; challenging

---

Definitions:

Cost

The expenditure incurred by a business to produce, acquire, or maintain a good or service.

Overhead Costs

Expenses related to the operation of a business that cannot be directly attributed to a specific product or service.

Fixed Manufacturing Overhead

Costs related to manufacturing that remain constant regardless of the level of production or sales.

Machine-Hours

A measure of production volume expressed in the total hours machines are operated within a given period.