Managers are assumed to be ____________ ; they make consistent, value- maximizing choices within specified constraints.
A) leaders
B) rational
C) organized
D) satisficers

Question

Quizplus · Accepted Answer

The statement is referring to the rationality assumption in traditional economic theory, which assumes that managers are rational decision-makers who strive to maximize value within given constraints. Therefore, choice B is the best answer. Choice A (leaders) is not necessarily equivalent to rationality, and choice C (organized) is a desirable trait but not directly related to decision-making. Choice D (satisficers), which refers to decision-makers who choose options that are "good enough" rather than maximizing value, contradicts the assumption made in the statement.

Managers Are Assumed to Be ____________ ; They Make Consistent