Based on the Work of March & Simon's Administrative Model,the

question 87

Multiple Choice

Based on the work of March & Simon's Administrative Model,the first step in the managerial decision-making process is to:

• A)Choose among alternatives.
• B)Assess alternatives.
• C)Implement the chosen alternative.
• D)Recognize the need for a decision.
• E)Generate alternatives.

Recognize the role of consequences in behavior modification.

Understand the various schedules of reinforcement and their application in organizational settings.

Differentiate between continuous, fixed ratio, fixed interval, and variable schedules of reinforcement.

Recognize the effects of different reinforcement schedules on behavior.

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Definitions:

Exercising Capabilities

The act of using one's skills, abilities, or powers to their fullest potential, often for achieving specific tasks or objectives.

External Influences

Factors outside of an individual that affect their attitudes, decisions, and behaviors, including cultural, social, and environmental forces.

Profit Sharing

A business strategy where employees receive a share of the company's profits in addition to their regular salary.

Cost Savings

Reduction of expenses achieved through efficiency improvements, elimination of waste, or negotiation of lower prices.