The act of choosing among alternatives with an immediate or limited end in view is termed
A) assessing feasible alternative.
B) strategic decision making.
C) constructing a decision model.
D) short-run decision making.
E) None of these.

Question

Quizplus · Accepted Answer

The act of choosing among alternatives with an immediate or limited end in view refers to short-run decision making, which is focused on achieving specific goals in the near future. This type of decision making is often based on quantitative analysis and cost-benefit considerations, and is typically used by managers to deal with operational issues and day-to-day problems.

The Act of Choosing Among Alternatives with an Immediate or Limited