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What are objectives of a sole proprietor?
quick decision
What is an example of an operational decision?
Operational decisions happen on the fly. Therefore any decision you make at work on a daya to day that affects what anyone at the work is an operational decision. Example: If everyday your business fills 200 boxes of orange for shipment and a supplier calls and says they need 250 boxes. Since you do not normally product 250 boxes. You are forced to meet client needs and therefore you make an operational decision to produce 250 boxes. That is a decision done immediately and therefore operational decison
What are the disadvantage of a corporation?
slowness of the decision-making process
What differentiate strategic decision from other types of decisions?
Strategic decisions can be distinguished from other types of decisions because it is:Rare: we dont make strategic decision very often.Consequential: is has a future impact on our business in the long term.Directive and binding: the strategic decision we make today will be directed to certain goal and vision, and we will be committed to it.
What is an example of a distribution decision?
A pipeline is set up to get oil from wells to refineries.
An example of a nonprogrammed decision for a clothing manufacturer is?
Is buying cloth from a different company
What is an example of a nonprogrammed decision for a clothing manufacturer?
deciding to market products using the internet , confirm.........(c)
If you were to gain one new account each day for five weeks is an example of what?
Which of the following is a nonprogrammed decision?
An organization is trying to decide whether or not to launch nationally a new product that this organization has never sold previously this represents which type of decision for the organization?
Nonprogrammed
The difference between programmed and nonprogrammed decisions?
Programmed decisions are routine, repetitive decisions that follow established rules and procedures, while nonprogrammed decisions are unique, non-repetitive decisions that require a higher level of analysis and creativity. Programmed decisions are typically made at lower levels of the organization by following predefined criteria, while nonprogrammed decisions are made at higher levels by evaluating multiple options and considering various factors.
What type of decisions deal with deal with unusual or exceptional situations?
Nonprogrammed Decisions
Do a decision or make a decision?
The answer is you make a decision.
What Group is Decision making and individual decision making?
An individual decision is a decision that was made by one person. A group decision is a decision that was crafted by multiple people.
What is decision and decision making?
Decision making is the process by which a decision is made. Communicating, when it comes to decision making, is the way the information about that decision is distributed to ensure everyone is aware.
What is a certain decision?
A certain decision would be a decision that you have absolutely no doubts to. But if it's used in a context where it is relatable to a known decision then a certain decision would imply it's referral to that decision.
What is the difference between individual and group decision making?
An individual decision is a decision that was made by one person. A group decision is a decision that was crafted by multiple people.
What are the three main decision areas in business finance?
The three main decision areas in business finance are:Investment decision,Financing decision and Dividend decision
