Airlines Increased Prices for Last Minute Tickets Usually Purchased by Corporate

question 44

Multiple Choice

Airlines increased prices for last minute tickets usually purchased by corporate travelers.This was the tenth increase in one year.This is an example of a(n) ____ decision.

• A) nonprogrammed
• B) rational
• C) ethical
• D) programmed
• E) satisficing

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Definitions:

Flow Charts

Diagrams that depict the steps of a process or system, showing how each element connects.

Management By Objectives (MBO)

A management strategy that involves setting specific, measurable goals with each employee and then periodically reviewing the progress made.

Face-To-Face Meetings

Meetings conducted with participants physically present in the same location, promoting direct interaction.

Gantt Chart

A visual project management tool that outlines a project schedule, showing the start and finish dates of elements within a project.