ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A manager who is reactive and works hard to address problems after they occur is known as a ____
A
problem seeker
B
problem solver
C
problem avoider
D
problem manager
Explanation: 

Detailed explanation-1: -Reacting to a problem with intensity and being dedicated to finding alternatives to resolve the issue makes them a problem solver.

Detailed explanation-2: -1. Rational: The rational decision-making model is logical and approaches the problem in a linear fashion, step-by-step, to eliminate uncertainty and emotion from the decision-making process.

Detailed explanation-3: -Managers who are problem seekers are always looking for problems to solve or opportunities to explore. True problem seekers are proactive as information gatherers, and they are forward thinking.

Detailed explanation-4: -The correct answer is a) systematic thinker. A systematic thinker uses a rational approach to conclude the problem. Such individuals consider all factors before proposing a conclusion.

Detailed explanation-5: -A problem is any difference between an actual situation and a desired situation; this can be illustrated in Figure 1.1.

There is 1 question to complete.