Match the options below with the correct phrases:
-limiting factors

Question

Quizplus · Accepted Answer

Limiting factors refer to constraints that restrict decisions.

Answer: B
 A mock-up or model of reality would refer to a mathematical model which analyzes optimization for competitive advantages.

Answer: C
 The idea that managers want to make the perfect decisions would not necessarily relate to any of the other options listed.

Answer: A
 A decision based upon frequent, repeating, and/or predictable outcomes would refer to the concept of decision-making under certainty.

Answer: E
 A method to determine the time it will take to recoup return on initial investment would refer to the concept of payback analysis.

Answer: F
 Quantity being important, everyone contributing, and the more ideas the better would refer to brainstorming.

Answer: H
 A group decision-making technique designed to allow equitable input from all members would refer to nominal group technique.

Answer: I
 The total process of identifying problems through the implementation of alternative choices describes decision-making as a whole.

Answer: J
 Responses to written questionnaires being collected, consolidated, redistributed, collected, etc. would refer to the process of survey research.

Answer: K
 Delivering raw materials to correspond with production schedules would refer to the concept of just-in-time inventory.

Answer: L
 Not getting caught up in the old ways would refer to the concept of innovation.

Match the Options Below with the Correct Phrases