If There Is a Difference Between Actual Performance and Standard

question 63

Multiple Choice

If there is a difference between actual performance and standard performance,the reason is:

• A)lower than expected performance.
• B)higher than expected performance.
• C)poorly calculated standard.
• D)all of the above

---

Definitions:

Additive Strategies

Approaches in problem-solving or decision-making that involve sequentially adding up the value of different options to choose the best outcome.

Elimination By Aspects

A decision-making process where choices are sequentially eliminated for not meeting certain criteria.

Decision Making

The cognitive process of making a choice from a set of alternatives, encompassing judgement, evaluation, and problem solving.

Bounded Rationality

A concept suggesting that the cognitive limitations of the mind restrict the rationality of decision-making.