What Is the Term Used to Describe the Situation When

question 32

Multiple Choice

What is the term used to describe the situation when a manager's decision,which benefits one subunit,is more than offset by the costs to the organisation as a whole?

• A)Suboptimal decision making
• B)Dysfunctional decision making
• C)Congruent decision making
• D)Both A and B are correct.

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Definitions:

Unemployment Rate

This measures the percentage of the labor force that is jobless and actively seeking employment.

Inflation

The velocity at which prices for various goods and services climb, which in turn diminishes the purchasing power.

Temporary-Help Industry

The sector of the workforce that provides temporary workers to businesses, often to fill temporary vacancies or peak workload times.

Natural Rate

The long-term rate of unemployment or economic output under prevailing conditions, considered sustainable without causing inflation.