The incrementalist model of decision-making, developed by Henry Mintzberg and his colleagues, describes how decision-making takes place when uncertainty is high

What type of annuity payment option provides a guaranteed income to the annuitant for life and, if the annuitant dies before the annuity is depleted, a lump-sum cash payment to the annuitant's beneficiary?

A) Period certain option B) Cash refund option C) Straight life option D) Installment refund option

The absence of control often results in reduced managerial effectiveness

Indicate whether the statement is true or false.