Asked by Germanee Foster on Jun 04, 2024
Verified
Priya, a manager at an IT firm, likes to focus on facts when making decisions. When she faces a well-defined problem and has all the information regarding the possible action alternatives as well as their consequences, she is most likely to make a(n) ___ decision that gives the best possible solution for a problem.
A) intuitive
B) optimizing
C) satisficing
D) heuristic
E) experimental
Optimizing Decision
The process of finding the most effective solution among various choices, with the aim of achieving the best possible outcome.
Well-Defined Problem
A problem with clearly specified goals, constraints, and criteria for evaluating solutions, making it easier to identify potential solutions.
- Understand the characteristics and types of managerial decisions in organizational settings.
- Gain an insight into the conventional and behavior-based models of decision-making.
Verified Answer
MA
Maria AlejandraJun 10, 2024
Final Answer :
B
Explanation :
When Priya has all the information regarding possible actions and their consequences, she can use an optimizing decision-making approach, which involves selecting the best possible solution for a problem among all alternative choices.
Learning Objectives
- Understand the characteristics and types of managerial decisions in organizational settings.
- Gain an insight into the conventional and behavior-based models of decision-making.
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