COST ACCOUNTING
INFORMATION FOR DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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perpetuating the status quo
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seeing what they want to see
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being influenced by initial impressions
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justifying past decisions
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Detailed explanation-1: -Inexperience, Lack of Time, Stress, Overwork & Pressure From Senior Leadership Can All Lead To Poor Management Decision Making. How Can You Avoid The Trap? Managers and leaders are only human, and humans are not perfect decision-makers, so you can expect a bad decision once in a while.
Detailed explanation-2: -A dysfunctional person doesn’t have their life in order, which can manifest in any one (or many) of a variety of ways-making poor financial decisions, an inability to keep a job, or having unhealthy personal relationships are a few examples of dysfunctional behavior.
Detailed explanation-3: -Decision making can also be classified into three categories based on the level at which they occur. Strategic decisions set the course of organization. Tactical decisions are decisions about how things will get done. Finally, operational decisions are decisions that employees make each day to run the organization.