In the context of decision making, ________ can be thought of as the guidelines a person uses when confronted with a situation in which a choice must be made. They are acquired early in life and are a basic (often taken-for-granted) part of an individual's thoughts.

A. values
B. heuristics
C. likings
D. conventions


Answer: A

Business

You might also like to view...

The Blue Saints Band is holding a concert in Toronto. Fixed costs relating to staging a concert are $350,000 . Variable costs per patron are $5.00 . The selling price for a tickets $25.00 . The Blue Saints Band has sold 23,00 . tickets so far. How many tickets does the Blue Saints Band need to sell to achieve net income of $75,000

a. 21,250 b. 14,000 c. 17,500 d. 17,000

Business

Successful yield management is best described as ______.

a. making sure that every room in the hotel is sold at full price or rack rate b. maximizing utilized restaurant food and minimizing wasted food c. managing the sale of capacity units to maximize their profitability d. ensuring value is more than cost

Business

How can a leader identify growth needs in his or her followers?

What will be an ideal response?

Business

The payroll entry for each pay period is recorded in the general journal or the combination journal of the business

Indicate whether the statement is true or false

Business