The Central Premise of the Decision-Making Model Developed by Vroom

question 1

Multiple Choice

The central premise of the decision-making model developed by Vroom, Yetton, and Jago is that __________.

• A) decisions should be made in the most cost-efficient manner possible
• B) group Decision-Making is superior to authority or consultative Decision-Making
• C) authority decisions are superior to consultative decisions
• D) consultative decisions are superior to authority decisions
• E) the decision-making method used should always be appropriate to the problem being solved

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Definitions:

Incentive Compensation

A type of reward given to employees for meeting certain performance goals or objectives.

Performance Measures

Metrics or indicators used to assess, track, and communicate the efficiency, effectiveness, and productivity of an individual, organization, or system.

Incentive Contracts

Agreements designed to motivate individuals or parties by offering rewards that are directly linked to their performance or achievements.

Risk Placed

A term that might be used to describe the process of assessing and assigning a level of risk to a particular investment or decision.