Managing trade-offs is critical in the daily function of an organization.

Question

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Managing trade-offs is crucial in decision-making and balancing priorities in an organization because it helps to allocate resources efficiently and effectively. Organizations often have limited resources, and managers need to make tough choices about how to allocate them while balancing competing demands. Therefore, managing trade-offs is essential for the daily function of an organization.

Managing Trade-Offs Is Critical in the Daily Function of an Organization