Decision making is the process in which managers make determinations about organizational goals and courses of action by responding to opportunities and threats.
Answer the following statement true (T) or false (F)
True
Decision making is the process by which managers respond to opportunities and threats by analyzing the options and making determinations, or decisions, about specific organizational goals and courses of action.
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Cash flow from operations to capital expenditures ratio
a. Interest expense b. Income tax expense c. Cash flow from operations before interest and tax payments d. Cash paid for acquisitions e. Cash flow from operations f. Total dividends paid g. Interest payments h. Principal payments on debt
Complete the statement, using the following terms: increases, decreases, or have no effect on. Decreases in fixed costs ________ contribution margin per unit and ________ the breakeven point.
What will be an ideal response?
________ are rules of conduct that guide how most people in a culture judge what is right and what is wrong
A) Plans B) Values C) Ethics D) Habits E) Tactics
While all actions that are ethical are legal, some actions that are legal may not be ethical
Indicate whether the statement is true or false