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What are examples of economic decision making?
Whenever someone shops they are making economic decisions. Determining how much you can comfortably afford for a house or a car is an example of economic decision making. Waiting to buy something until it goes on sale is also an example of this type of decision making.
What is Vroom and Jago's decision making style when is influenced by subordinates?
Vroom and Jago's decision-making style when influenced by subordinates is known as "participative" or "consultative." This style involves leaders seeking input and feedback from their team members before making a final decision. It values collaboration, input, and buy-in from employees in the decision-making process.
When a firm chooses to buy a new fixed assets it is making a decision?
capital budgeting
What is buying decision process?
Buying decision process regards the period between considering whether to buy something up until the time one pays for it. During this process, a person considers the benefits of the product and the financial effect making the purchase will have on their finances.
What factor is a key aspect of recommending action in the decision-making process?
Building stakeholder buy-in
What factor is a key aspect of recommending action in the decision making process?
Building stakeholder buy-in
What's a prudent purchase?
A prudent purchase refers to an informed, wise or sober decision to buy something.
How Has Internet sales Changed The Way People Buy Goods?
People are now educated prior to making their purchasing decision
What is progam decision making?
A program that helps you to make decisions. For instance, you have programs that can display ads to help you decide what to buy next.
If you decide that you will not buy any pair of jeans that costs more than 100 you are using for decision making?
a non-compensatory method
What does buying power mean in retail?
the power of making a decision whether to buy certain product for stock or reject it for someones else
What is buying process?
Buying decision process regards the period between considering whether to buy something up until the time one pays for it. During this process, a person considers the benefits of the product and the financial effect making the purchase will have on their finances.
