Which of the Following Statements About Decision Making in a Crisis

question 93

Multiple Choice

Which of the following statements about decision making in a crisis is true?

• A)In crises, managers should make decisions only after taking all of the details into account.
• B)An effective plan for crisis management should include communication actions.
• C)In crises, managers should avoid making decisions under pressure.
• D)It is not imperative to include crisis management on the management's agenda.
• E)Crises result in negative outcomes and cannot provide benefits to a company.

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Definitions:

Static Theory

Static theory describes a situation or model in economics that does not account for changes over time, analyzing a fixed point or period instead.

Capital Structure

The mix of various forms of external funds used to finance a company's operations, typically consisting of debt and equity.