Alexia is the manager of Classy Clutches, a store that sells designer purses. Alexia knows that the economy greatly affects her business. Therefore, she is developing alternative courses of action for each of the four possible economic outcomes that may occur over the next four to six years. In this scenario, Alexia is _____.
A)implementing a decision
B)generating contingency plans
C)making a programmed decision
D)engaging in satisficing
E)following the garbage can model

Question

Quizplus · Accepted Answer

Sometimes decision makers can build in safeguards against an uncertain future by considering the potential consequences of several different scenarios. They then generate contingency plans, which are alternative courses of action that can be implemented depending on how the future unfolds. This is what Alexia is doing in the given scenario.

Alexia Is the Manager of Classy Clutches, a Store That