Describe at least three characteristics of strategic planning decisions and their information requirements
have long time frames–create a need for information that supports forecasting,
require summarized information–not encumbered by detail,
tend to be nonrecurring–thus having little historical data in support
involve a lot of uncertainty–i.e., are unstructured decisions
are broad in scope–thus requiring broad based information
often require significant external information–generated beyond the information system itself.
You might also like to view...
A typical purchasing manager
A. seeks the lowest possible cost. B. tries to satisfy both individual needs and company needs. C. has the final decision on all purchases. D. buys strictly on economic needs. E. All these answers are correct.
______ are monetary damages awarded by the court that compensate the injured person for losses.
A. Affirmative actions B. Undue hardship C. Reasonable accommodation D. Compensatory damages
Irrelevant costs
A) do not differ among alternatives. B) can be avoided by a business. C) are the same as opportunity costs. D) are costs that will be incurred in the future.
Rough Water Fishing Trips, LLC, and Schafer enter into a contract for the delivery of a used freshwater fishing boat. Until the goods are delivered and paid for, these parties have A) an executory contract
B) no contract. C) a quasi contract. D) an executed contract.