Scenario D

question 68

Multiple Choice

Scenario D. Use the information given below to answer the following questions. Healthy Day Regional Medical Center's management team has several decisions to make. They are:
1. Determine which patients have to be admitted the next day.
2. Decide whether to purchase the only other medical center in the region.
3. Decide which candidates will meet the requirements for the nursing training program.
4. Determine whether the medical center should diversify to include more advanced (and substantially more costly) technologies.
-In the context of decision 3, if the authorities select the first candidate who meets the minimum requirements without examining every candidate's file to see if anyone else has better qualifications, they are adopting the method of:

• A) maximization.
• B) satisficing.
• C) optimizing.
• D) constraint.
• E) constructive conflict.

Recognize the informational, decisional, and interpersonal roles of managers as identified by Henry Mintzberg.

Identify and understand key management functions.

Recognize and describe management skills and roles.

Distinguish between different research methods in organizational behavior.

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Definitions:

Finished Goods

Products that are finished being made but haven't been purchased by consumers yet.

Principal Accounting Record

The primary document or ledger that records a company's financial transactions and balances, often referred to as the General Ledger.

Job Cost Sheet

A financial record used in cost accounting to track the expenses associated with a specific job or project, aiding in budgeting and profitability analysis.

Stores Ledger Cards

Detailed records used in inventory management to track the quantity and cost of items held in storage.