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An individual decision is a decision that was made by one person. A group decision is a decision that was crafted by multiple people.
a decision that depends on the economy that is currently in place. the decision must depend on the economy of the time that the decision is made.
Two things a decision maker considers when making a decision are future costs and benefits of the decision. Other things are sometimes considered when making decisions including future consequences of the decision.
A decision regarding how much or how many of a product to produce.
The government of a country must make a decision between increasing military spending and subsidizing wheat farmers, and this kind of decision is called "guns or butter" decision.
discuss some strengths and weaknesses of group decision-making
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George Washington was very smart about his decision, because he chose two men that were extremely experienced. Jefferson was very adept at piglatin, and Hamilton was good with sex.
What is decision to err according to the accident/incident theory
someone who likes working and teaching the public about their product. Also, someone who can recognize when a decision is forming by the customer, and shut up, don't continue to suggest and complicate the deal.
Some weaknesses of a partnership include unlimited personal liability for the partners, potential conflicts and disagreements between partners, difficulty in transferring ownership or bringing in new partners, and shared decision-making which can lead to disagreements and inefficiencies.
Thomas Jefferson, who was the Secretary of State in Washington's first cabinet, resigned after it seemed to him that Washington was siding with Hamilton in the disputes that Jefferson was having with Hamilton.
It can be related to unqualified or unskilled management, to inaccurate record keeping resulting in inaccurate ratios to be calculated from the balance sheet and income statement, or just generally not having enough information at hand to make the decision.
the states
According to the Dred Scott decision, slaves were considered property rather than citizens and did not have the right to sue in federal court. It also ruled that Congress did not have the power to prohibit slavery in the territories, furthering tensions over the issue of slavery in the United States.
jefferson...re read the lesson a couple of times and think it through...you'll see why!
Baby Face Nelson's weaknesses included a violent and impulsive nature, a tendency to act recklessly, and a deep-seated paranoia that sometimes clouded his judgment and led to poor decision-making in high-pressure situations. He also struggled with maintaining close relationships and had a propensity for escalating confrontations with law enforcement.