Healthy skepticism leads managers to engage in satisficing.
Answer the following statement true (T) or false (F)
False
Bounded rationality leads managers to engage in what is known as satisficing or determining the most acceptable solution to a problem, rather than an optimal one.
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Luke and John share income and losses in a 2:1 ratio after allowing for salaries to Luke of $48,000 and $60,000 to John. Net income for the partnership is $93,000 . Income should be divided as
a. Luke, $46,500; John, $46,500 b. Luke, $55,000; John, $38,000 c. Luke, $65,000; John, $28,000 d. Luke, $38,000; John, $55,000
The close of a report should
A) include new data for one last, meaningful impact. B) tell the reader what will happen if they don't implement what was discussed in the paper. C) bring all action items together and give details about who should do what, when, where, and how. D) explain why you are passionate about making the proposed changes. E) end with an insightful quote, fact or statistic.
A decreasing long-term liability account is presented on the statement of cash flows as
a. a decrease in cash in the Financing Activities category. b. a decrease in cash in the Investing Activities category. c. an increase in cash in the Operating Activities category. d. an increase in cash in the Financing Activities category.
Buyers, sellers, investors, and community residents are all considered ________ in a company
A) stakeholders B) shareholders C) consumers D) value chain members E) social marketers