The Objective of Management Preference Analysis Is to

question 55

Multiple Choice

The objective of management preference analysis is to

• A) eliminate inconsistencies between the goals of the firm and managerial inclinations
• B) resolve conceptual biases
• C) foster internal commitment to the preferred strategic option
• D) achieve consistency between the motivations of key managers and strategy

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Definitions:

Inducements

Incentives or rewards offered to employees or other parties to motivate desired behaviors or actions.

Attribution

The process of explaining the causes or reasons behind behaviors or events, often referring to the assessment of responsibility or blame.

Explaining Events

The process of providing reasons or causes for occurrences, aiming to make sense of why things happen in the way they do.

Psychological Contract

The unwritten and unspoken expectations, beliefs, and assumptions about the reciprocal obligations between employees and their employer.