The Act of Choosing Among Alternatives with an Immediate or Limited

question 56

Multiple Choice

The act of choosing among alternatives with an immediate or limited end in view is termed

• A) assessing feasible alternative.
• B) strategic decision making.
• C) constructing a decision model.
• D) short-run decision making.
• E) None of these.

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Definitions:

Gantt Chart

A Gantt chart is a visual project management tool that outlines the start and finish dates of the different required elements of a project, displaying the project schedule and progress.

Deadline

A specific time or date by which a task must be completed or a project must be finalized.

Marketing Strategy

A company's overall game plan for reaching prospective consumers and turning them into customers of their product or service.

CEO

The Chief Executive Officer, highest-ranking person in a company or organization, responsible for making major corporate decisions.