When a manager chooses an acceptable alternative instead of the optimum alternative we say that a Satisficing decision has occurred True or false?

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Why is group decision

An advantage to involving groups in decision-making is that you can incorporate different perspectives and ideas. For this advantage to be realized, however, you need a diverse group. In a diverse group, the different group members will each tend to have different preferences, opinions, biases, and stereotypes.

What is the result of a manager that chooses a course of action but fails to act on it multiple choice question?

The alternatives are less likely to be influenced by errors and personal biases. Managers have an improved ability to generate feasible alternatives and make good decisions. What is the result of a manager that chooses a course of action but fails to act on it? It is the same result as not making a decision at all.

Which two of the following are examples of situations in which it is appropriate to rely on intuition quizlet?

Which two of the following are examples of situations in which it is appropriate to rely on intuition? It is an emergency situation entailing high risk and uncertainty, and rapidly changing conditions.

When we say that the classical model of decision making specifies how managers should make decisions this is another way of saying that this model is?

When we say that the classical model of decision-making specifies how managers should make decisions, this is another way of saying that this model is: prescriptive.