Examlex
A manager who is using spreadsheet software to prepare a departmental budget is using which managerial skill according to Katz?
Risky Decision
A risky decision involves making a choice when the outcomes are uncertain and potentially negative.
Cautious Decision
A decision-making process that involves careful consideration and evaluation of risks and benefits before taking action.
Empiricism
Empiricism is a philosophical stance emphasizing that knowledge comes primarily from sensory experience and observation.
Systematic Observation
A methodical approach to observation in research, characterized by careful planning, structured procedure, and often includes the quantitative analysis of observed behaviors.
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