It is assumed that in most cases the decisions of all managers are limited by ________.
A)greed and short-sightedness
B)having too much information
C)not being able to analyze all information for all alternatives
D)not being able to act rationally or in the best interests of their organization

Question

Quizplus · Accepted Answer

Managers are often limited by the sheer amount of information they need to analyze in order to make a decision. They may not have the time, resources, or capacity to consider every alternative and weigh all the pros and cons thoroughly. Therefore, they are forced to make decisions based on incomplete information or heuristics (mental shortcuts) that may lead to suboptimal outcomes. While greed, short-sightedness, and personal biases may also play a role in decision-making, they are not necessarily the main limiting factors that affect all managers universally. Similarly, not all managers may act irrationally or against the interests of their organization - some may simply lack the tools or skills to make fully informed decisions.

It Is Assumed That in Most Cases the Decisions of All