Jinhoon owns and manages a franchise sandwich shop and pays his employees minimum wage. Recently, his employees have met to discuss how difficult it is to live on minimum wage and to ask Jinhoon to increase the wages for all workers. Which type of decision-making element must Jinhoon now respond to?

a. political forces

b. risk propensity

c. intuition

d. bounded rationality

e. satisficing

Answer rating: 100% (QA)

Answer political forces Explanation Political forces refer to the pressures that groups or individua... View the full answer