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9781334134784: Further Explorations in the Theory of Multiple Budgeted Goals (Classic Reprint)

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Excerpt from Further Explorations in the Theory of Multiple Budgeted Goals

Thus, in constructing short-run models of organizational behavior, one may postulate a process of profit maximization subject to certain constraints. These constraints may be stated deterministically or probabilistically.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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Abraham Charnes, A. Stedry
Editore: Forgotten Books, 2018
ISBN 10: 1334134782 ISBN 13: 9781334134784
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Paperback. Condizione: New. Print on Demand. This book utilizes a multi-disciplinary approach to study the complex relationship between individuals, organizations, and the concept of goal-setting. It delves into organizational theory to explain how optimizing behavior coexists with satisficing and risk management in response to diverse goals, offering a fresh perspective on the classic idea of economic profit maximization. The author examines the process of creating a hierarchy of goals within an organization, with some considered more important than others. Different levels of performance are accepted in each and there are varying levels of acceptable risks for actions that will achieve them. Mathematical models are used to represent the complex interplay between the desire for reward and the need to manage risk. The book reframes widely held assumptions about the relationship between optimizing behavior and satisficing to provide innovative ways to model organizational behavior. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Codice articolo 9781334134784_0

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Abraham Charnes
Editore: Forgotten Books, 2018
ISBN 10: 1334134782 ISBN 13: 9781334134784
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781334134784

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Abraham Charnes
Editore: Forgotten Books, 2018
ISBN 10: 1334134782 ISBN 13: 9781334134784
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Da: PBShop.store UK, Fairford, GLOS, Regno Unito

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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781334134784

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