What occurs in situations in which a few established processes help to evaluate potential solutions, but not enough to lead to a definite recommended decision?
A. Structured decisions
B. Semistructured decisions
C. Analytics
D. Unstructured decisions
Answer: B
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Which of the following is true of the laissez-faire economic theories that were prevalent in the 19th century?
A. These theories were never considered a part of the public policy in the 19th century. B. People in business had to face a lot of restrictions while planning the kind of economy that increasing industrialization required. C. People in business were unable to limit or shift many of their economic risks by placing clauses in their contracts. D. The courts were unwilling to interfere with people's private agreements or to do anything that might interfere with the country's growing industrialization.
Alcart Solutions is a large distributor of Aldor phones in Canada. The company distributes products to various retailers in the New Brunswick province. Recently Aldor received several complaints from its retailers that their orders are not delivered on time. This is an example of ________ conflict.
A) multichannel B) horizontal C) vertical D) intermediate E) parallel
All of the following are considered a major consideration in determining an advertising budget except
A. the product life cycle. B. the role of advertising in overall promotional objectives. C. the nature of the product. D. the budgeting method used. E. the nature of the market.
Erkkila Inc. reports that at an activity level of 2,100 machine-hours in a month, its total variable inspection cost is $69,846 and its total fixed inspection cost is $9,072. What would be the average fixed inspection cost per unit at an activity level of 2,400 machine-hours in a month? Assume that this level of activity is within the relevant range.
A. $4.32 B. $37.58 C. $15.23 D. $3.78