Which statement below does not relate to non-programmed decisions?
a. Unusual
b. Routine
c. No proven solutions
d. Complex
b. Routine
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Which of the following would be a fixed asset?
A. Merchandise inventory B. Accounts payable C. A hand calculator D. Accounts receivable E. The store building
Based on the competing values framework, which type of culture is positioned under the control and stability dimension, but places more emphasis on interactions conducted outside the organization with a view to increasing company competitiveness?
A. the hierarchy culture B. the adhocracy culture C. the market culture D. the clan culture
Which of the following is not true?
a. For accounting purposes, goodwill arises only when a firm acquires another entity in an external market transaction and pays more for that entity than the fair value of the identifiable assets net of identifiable liabilities. b. Goodwill is the excess of the amount paid for the acquired company over the fair value of identifiable net assets. c. Goodwill, because it includes unidentifiable intangible resources, has an indefinite life. d. Indefinite does not mean infinite, only not knowable. e. Firms amortize goodwill.
Firms may choose to collaborate with competitors in order to
a. determine reasonable allocation of funds for R&D spending. b. define industry standards for new technologies. c. gain competitive intelligence. d. ensure early adoption of new technologies. e. increase complexity of the project.