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Answer the following questions: Define decision-making.Explain three reasons why managers often make satisficing (good enough) decisions rather than rational optimal (maximizing) decisions.Provide examples of each

Answer the following questions:

  1. Define decision-making.Explain three reasons why managers often make satisficing (good enough) decisions rather than rational optimal (maximizing) decisions.Provide examples of each of the three reasons to illustrate your answer.
  2. Four dimensions of authority in organizations are (1) chain of command; (2) line versus staff authority; (3) delegation of authority; (4) degree of centralization. Explain three of these dimensions to show their links to authority. Use examples to support your explanations.
  3. One focus of the HRM process is to attract qualified employees. Using your knowledge of recruitment and selection processes explain how each process is used to attract qualified employees.

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