Janet Needs to Assign a Very Important Advertising Account to One

question 9

Multiple Choice

Janet needs to assign a very important advertising account to one of her writers. First she reviewed each writer's work load, then she studied the sales data of the products for the last three campaigns of each writer, then she reviewed each writer's annual review to familiarize herself with their goals. Finally, she gave the account to Paula, a very creative, efficient, writer who has had high sales results with her last three clients' products. Janet's management style is based on ________.

• A) intuition or "gut feeling"
• B) organizational behavioral studies
• C) subjective assessments
• D) preconceived notions
• E) systematic study

Identify strategies for improving decision-making and satisficing in organizational processes.

Comprehend the concept and implications of escalating commitment in decision-making.

Recognize the importance of preparing for organizational crises to mitigate their impact.

Grasp the principles of satisficing and its role in decision-making under bounded rationality.

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Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, usually with voting rights.

Securities Purchased

Financial instruments like stocks, bonds, or mutual funds that have been bought and are now owned by the purchaser.

Stock Investments-Run

Stock investments-run refers to the active management or trading of stock investments over a certain period to achieve specific financial goals.

Common Stock

Equity securities representing ownership shares in a corporation, giving holders voting rights and a share in the company’s profits through dividends.