These types of decisions are generally made by following company policies and guidelines that have been put in place to deal with specific issues.
a. Executive decisions
b. Strategy decisions
c. Programmed decisions
d. Non-programmed decisions
c. Programmed decisions
You might also like to view...
Which of the following is most closely associated with upscaling in retailing?
A) fewer members in the channel of distribution B) more members in the channel of distribution C) greater operating costs D) lower operating costs E) lower levels of customer service
Ed, a businessperson, is a friend of Fran, the owner of a Good Bean Coffee & Bagels store. Every day, Ed spends five minutes in Fran’s store, looking at the goods and usually buying one or two cinnamon buns or bagels. One afternoon, Ed goes into the store, looks at the items, and picks up a $1 chocolate brownie. Ed waves the brownie at Fran without saying a word and walks out. Is there a contract? If so, how would it be classified in terms of formation, performance, and enforceability?
Merritt Company acquired a building valued at $190,000 for property tax purposes in exchange for 12,000 shares of its $5 par common stock. The stock is widely traded and selling for $15 per share. At what amount should the building be recorded by Merritt Company?
A) $60,000 B) $180,000 C) $190,000 D) $10,000
An important contribution of Frederick Taylor was his
A. conclusion that management decisions were unsystematic and that no research to determine the best means of production existed. B. creation of a notion that managers desire flexibility and gave the differences between motivating groups and individuals. C. suggestion that managers who encourage participation and allow opportunities for individual challenge and initiative would achieve superior performance. D. suggestion that frontline supervisors should receive a bonus for each of their workers who completed their assigned daily tasks. E. development of a system to lower costs and increase worker productivity by showing how employees could work smarter, not harder.