When the Consequences of a Decision Are Major,which of the Following

question 66

Multiple Choice

When the consequences of a decision are major,which of the following should the supervisor follow?

• A) Spend less time on the decision to avoid confusion
• B) Use the rational model of decision making
• C) Avoid too many alternatives as far as possible
• D) Limit the money spent in identifying and evaluating alternatives

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Definitions:

Mechanic's Lien

A security interest granted over an item of property to ensure the payment of the work performed and materials supplied in the building or repairing of that property.

UCC

This extensive legal framework, the Uniform Commercial Code, establishes the rules governing commercial transactions in the United States.

Tenders

Formal offers to carry out work, supply goods, or buy land, goods, or services at a specified price.

Security Interest

A legal claim or lien on collateral, which gives the holder the right to seize property if the debtor fails to meet the obligations of a loan or agreement.