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Patrick,a Manager,is Assessing Possible Alternatives for the Solution of a Problem.Patrick

question 96

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Patrick,a manager,is assessing possible alternatives for the solution of a problem.Patrick performs a cost-benefit analysis of several alternatives in order to determine the net financial payoff of each alternative.Which of the following criteria of decision making is Patrick implementing?


Definitions:

Organizational Objectives

Specific goals a company or organization aims to achieve, guiding its internal strategy and decision-making processes.

Motivate Employees

Strategies or actions undertaken to inspire and encourage workers towards achieving goals and enhancing performance.

Centralized Structures

Organizational structures where decision-making authority is concentrated at a high level, with few individuals or a single entity controlling the organization.

Upward Communication

The flow of information from lower levels of a hierarchy to the higher-ups, aiding in decision-making and organizational effectiveness.

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