Asked by Jacob Willard on May 01, 2024
Verified
The ideal, but seldom achieved, condition for managerial problem solving is characterized by ___.
A) low risk, because managers seek little stimulation
B) high risk, because that is when high profits are possible
C) uncertainty, because that offers the greatest chance for creativity
D) normality, because that is the condition under which all the business school principles work
E) certainty, because the manager simply has to locate the alternative offering the best solution
Managerial Problem Solving
The process by which managers identify, analyze, and resolve issues that are impeding organizational performance.
Certainty
The state of being free from doubt or reservation, characterized by confidence in a fact, outcome, or condition.
- Recognize the impact of uncertainty and risk on the decision-making process.
Verified Answer
MV
Matthijs VaessenMay 02, 2024
Final Answer :
E
Explanation :
The ideal condition for managerial problem solving is certainty, where the manager simply has to locate the alternative offering the best solution. This allows for a more straightforward decision-making process with a clear understanding of available options and their outcomes.
Learning Objectives
- Recognize the impact of uncertainty and risk on the decision-making process.
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