The Process by Which Managers Respond to Opportunities and Threats

question 45

Multiple Choice

The process by which managers respond to opportunities and threats facing their organization by analyzing options and taking actions is known as:

• A)Brainstorming
• B)Intuition
• C)Decision making
• D)Bounded rationality
• E)Heuristics

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Definitions:

Scope

The extent, range, or breadth of something, such as a project, study, or activity, outlining its limitations and parameters.

Methods

The techniques or procedures used to accomplish a specific task or to conduct research, experiments, or any systematic activity.

Evaluation

The systematic process of examining a program, concept, or object to judge its effectiveness, strengths, and weaknesses, often in comparison to standards or benchmarks.

Proposal Structure

The organization and layout of a proposal document, typically including sections such as introduction, methodology, and budget.