ECONOMICS
DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
Programmed decision
|
|
Non programmed decision
|
|
Strategic decision
|
|
Professional decision
|
Detailed explanation-1: -A D) programmed decision is a repetitive decision that can be handled by a routine approach. Programmed decisions are prearranged solutions that can solve structured problems, allowing organizations to use a routine approach.
Detailed explanation-2: -Therefore, the correct answer for the question is Programmed Decisions.
Detailed explanation-3: -Programmed decisions are repetitive and routine in nature. That is, this type of decision or response to a situation is common within the organization and largely automated. Programmed decisions are generally documented as Procedures, Policies, or Rules.
Detailed explanation-4: -Programmed decisions are repetitive decisions that can be handled by a routine approach and are used when the problem being resolved is straightforward, familiar, and easily defined (structured).
Detailed explanation-5: -Programmed decisions are routine and repetitive in nature.