Identify and describe the different types of decisions
What will be an ideal response?
There are three main types of decisions: structured, semistructured, and unstructured. Unstructured decisions are those in which the decision maker must provide judgment, evaluation, and insight to solve the problem. They are novel, important, and not routine, and there is no well-understood or agreed-on procedure for making them. Structured decisions are repetitive and routine, and they involve a definite procedure for handling. In semistructured decisions, only part of the problem has a clear-cut answer provided by an accepted procedure.
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Goodwill is the excess of the purchase price over the fair market value of the acquired company's tangible assets, identifiable intangible assets, and liabilities
a. True b. False Indicate whether the statement is true or false
In Weyerhaeuser v. Ross-Simmons Hardwood Lumber, where Weyerhaeuser was accused of predatory bidding for raw timber to drive out a competitor, the Supreme Court held Weyerhaeuser was:
a. not guilty because predatory bidding does not the violate Robinson-Patman Act, predatory pricing does b. not guilty as there was no evidence it used its bidding power to raise output prices c. guilty as its market share increased to 65 percent, which was evidence of monopolistic impact d. guilty as it raised prices of output after it drove out the competition by buying most of the inputs e. none of the other choices
Briefly describe the concept of virtual private networks
What will be an ideal response?
The use of product life cycle concept in practice remains limited
Indicate whether the statement is true or false