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Refer to the Scenario below to answer the questions that follow.
Management Decisions: Declining Income (Scenario)
Net income has fallen for the second consecutive quarter,and Amanda is understandably worried.She knows there will be a lot of questions for her at the board of directors' meeting Wednesday,and she will be expected to reveal her plan to avoid any third-quarter losses.Amanda begins to analyze the company's financial reports to try to determine the cause of the loss.After much consideration,it appears that expenses have risen dramatically over the last few months.Amanda wonders why.She decides a meeting of the department heads is in order first thing tomorrow morning.At the meeting,Amanda would like to generate several possible solutions to the increased expenses.She wonders how to effectively explore all the options.Next morning,the first option presented at the meeting is to downsize the Research and Development department,since it is not essential to current operations.Several managers believe the plan will help stem the losses and immediately move to approve it.However,Amanda suggests that they need to look further at the issue and explore other potential solutions.Several suggestions are made,many of which appear to be viable.Amanda wonders what to do next.
-When several managers move to approve the plan to downsize the Research and Development department without first exploring other options,they are engaging in a type of decision making called ________.
Optic Nerve
The cranial nerve that transmits visual information from the retina to the brain.
Blind Spot
A region on the retina where the optic nerve exits the eye, lacking photoreceptor cells, and therefore no image detection occurs, leading to a gap in the visual field.
Lens
In the context of the human body, the lens is a transparent, biconvex structure in the eye that focuses light onto the retina to facilitate clear vision.
Lamellated Corpuscle
A nerve ending found in the skin and other tissues, sensitive to pressure and vibration.
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