COST ACCOUNTING
INFORMATION FOR DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The ____ style focuses on a large amount of information but arrives at one alternative or solution.
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Trial and error
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Controlled
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Hierarchic
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Flexible
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Explanation:
Detailed explanation-1: -Decisions can be classified as structured, semistructured, and unstructured. Unstructured decisions are those in which the decision maker must provide judgment, evaluation, and insights into the problem definition.
Detailed explanation-2: -Conceptual Those who make decisions with a conceptual style are big picture thinkers who are willing to take risks. They evaluate different options and possibilities with a high tolerance to ambiguity. They’re social-oriented and take the time to consider big ideas and creative solutions.
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