Question: When a manager stops looking for alternatives as soon as she finds one that meets minimum criteria, the manager is _____________________________________. a. using intuition b.

When a manager stops looking for alternatives as soon as she finds one that meets minimum criteria, the manager is _____________________________________.

a. using intuition

b. satisficing

c. engaging in bounded rationality

d. showing a propensity for risk

What is intuition?

a. A desire to believe that an unsuccessful course of action will eventually be successful

b. A belief that is based on a persons unconscious application of experience

c. A belief that one should treat others fairly

d. A tendency to take risks when the potential rewards are great

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

When a manager stops looking for alternatives as soon as she finds one that meets minimum criteria, the manager is a. using intuition b. satisficing c. engaging in bounded rationality d. showing a...

This paper should include 3-5 pages of content with an additional cover and reference page. This is a total of 5-7 pages. Please be aware that a properly formatted page will include approximately 350...

Through the use of strategic alternatives, companies may compete in a marketplace, achieve its vision, or if no vision has been articulated, decide where it might go and what it might achieve....

Due to the changing environment and external triggers, contingency planning is necessary. What qualities make a future issue a ?trigger?? Consider you are on the strategic planning team for a soft...

Conduct an internet search to find an organization that lists its mission and vision statement on its website. What do the mission and vision statements communicate? How might the organization use...

This is designed to assess your ability to apply your research design and data analysis skills toward real world problems. A essay addressing the 4 parts below.: Research Question/Theory of...

I need the multiple choice questions answers from chapter 4 and 5 of the attached & Monograph...

Appendix 2 - Scenario BBQfun Documentation Business plan excerptFrom BBQfun business plan FY 2020-2021 Mission? To provide our customers with great value outdoor lifestyle products and second-to-none...

REVISION QUESTIONS MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Which of the following is a generic term that covers a broad range of...

Write a Proposal about Zig-Bee. ZigBee is a communications protocol developed by the ZigBee Alliance, In order to reduce costs and energy consumption in devices that need to communicate wirelessly....

i) An undirected graph G has 20 vertices and the degree of each vertex is at least 3 and at most 5. Which of the following statements is true regarding the graph G? The minimum number of edges that...

At the end of the year, factory overhead applied was $ 3 , 7 4 4 , 0 0 0 . Actual factory overhead was $ 3 , 2 3 1 , 0 0 0 . Closing over / underapplied overhead into Cost of Goods Sold would cause...

1. Problem 1: Consider a weakly damped oscillator with mass m, natural frequency (on, and damping constant l3=muf3, Suppose the driving force per unit mass, t], is given by the function...