The type of decision making in which the solution is considered “good enough” is known as _________________.
A. intuition
B. satisfying
C. maximizing
D. satisficing
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It is assumed that a perfectly rational decision maker ______________.
A. does not follow rational assumptions
B. does not consider value maximizing as an objective
C. offers inconsistent decisions
D. would be objective and logical
Which of the following is important in effectively implementing the chosen alternative in the decision-making process?
A. getting upper-management support
B. double-checking your analysis for potential errors
C. allowing those impacted by the outcome to participate in the process
D. ignoring criticism concerning your chosen alternative
Foreign subsidiaries are usually managed ______________
A. through local control only
B. through centralized control only
C. through local or centralized control
D. none of the above
An international company is most likely to develop foreign subsidiaries _______________.
A. before it develops licensing agreements
B. before it develops franchising agreements
C. before it begins importing and exporting
D. after it establishes strategic alliances
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