Irena, the Manager of Kiddy Couture, Knows That the Economy

Multiple Choice

Irena, the manager of Kiddy Couture, knows that the economy greatly affects her business. She has developed a plan of action for each of four possible economic outcomes may occur in her geographic area over the next four to six years. Here Irena is

A) Facing a stable environment.
B) Utilizing contingency planning.
C) Focusing on efficient decisions.
D) Engaging in satisficing.
E) An irrational decision maker.