ECONOMICS (CBSE/UGC NET)

ECONOMICS

DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Non programmed decisions are likely to be made by
A
Lower management
B
Top management
C
Middle management
D
Supervisory management
Explanation: 

Detailed explanation-1: -In business, non programmed decisions are taken mostly by high-level management where crucial decisions are taken that involve a lot of unknowns. Few examples of an unprogrammed decision are: Whether a company must acquire another organization or not. Whether a new technology must be adopted or not.

Detailed explanation-2: -Decision Maker Since programmed decisions deal with regular and routine activities these decisions are made by middle and lower managers. Whereas, non-programmed decisions are made by top-level managers.

Detailed explanation-3: -In contrast, nonprogrammed decisions are novel, unstructured decisions that are generally based on criteria that are not well-defined.

Detailed explanation-4: -Non-programmed selections are usually made at the topmost level of organizational structure, while programmed decisions are generally formed at the lower hierarchy levels.

Detailed explanation-5: -Programmed decisions are concerned with relatively routine problems. They are structured and repetitive. Decisions that are Non-programmed are concerned with unique decisions and unusual problems that are non-repetitive decisions and ill-defined.

There is 1 question to complete.