Which of the following is not a hindrance to perfectly rational decision making?

A. complexity
B. intuition
C. managers' different values
D. information overload
E. conflicting goals


B. intuition

Intuition based on experience or expertise can aid in rational decision making.

Business

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Although a corporation may have sufficient cash and retained earnings to pay a dividend, its board of directors may not declare dividends. Name at least two reasons why a board of directors might not declare dividends

Business

The incremental depreciation expense for year 1 is ________. (See Table 11.3)

A) $2,250 B) $7,600 C) $7,000 D) $7,950

Business

Goals are defined as

A. measurable proof that significant progress is being made toward fulfilling some important purpose by a set deadline. B. how complicated the information and actions involved in a task are, as well as how much the task is expected to change over time. C. a set of energetic forces that originates both within and outside an employee, initiates work-related effort, and determines its direction, intensity, and persistence. D. cognitive groupings or clusters of outcomes that are viewed as having critical psychological or physiological consequences. E. the objective or aim of an action, typically refer to attaining a specific standard of proficiency, often within a specified time limit.

Business

In addition to its restriction on "cruel and unusual punishments," the Eight Amendment of the U.S. Constitution also holds that:

a. no fines more than $50,000 may be imposed in civil cases b. there is no limit to the fines that may be imposed c. no excessive fines may be imposed d. no firearms may be brought to court e. none of the other choices are correct

Business