COST ACCOUNTING
INFORMATION FOR DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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analytical style
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conceptual style
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behavioral style
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directive style
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Detailed explanation-1: -People who prefer simple, clear-cut solutions to problems use what style? directive style.
Detailed explanation-2: -People who prefer simple, clear-cut solutions to problems use the directive style. Brainstorming uses a face-to-face interactive group to spontaneously suggest as many ideas as possible for solving a problem.
Detailed explanation-3: -The directive decision-making style uses quick, decisive thinking to come to a solution. A directive decision-maker has a low tolerance for unclear or ambiguous ideas. They’re focused on the task and will use their own knowledge and judgment to come to a conclusion with selective input from other individuals.
Detailed explanation-4: -Bounded rationality: a decision-making process in which we attempt to satisfice rather than optimize due to constraints such as time, available information, and mental capacity. Our rationality is ‘bounded’ by these factors.