Complete Question:
Which of the following is true of managerial decision making?
Group of answer choices.
A. Most managerial decisions lack structure.
B. Managerial decisions are always free of risks.
C. Managerial decisions are taken under conditions of perfect certainty.
D. Managers show consistency in their decisions in response to novel problems.
E. A manager’s decisions have the characteristics of programmed decision
Answer:
A. Management decisions typically lack structure.
Explanation:
The management of an organization or business firm are typically involved in taking up leadership roles and as such are expected to build a strong relationship between their employees by creating a fair ground for effective communication and sharing of resources and information.
A decision-making process can be defined as a cognitive process which typically involves an individual or business selecting the best option, course of action, or belief among several alternatives, so as to meet a particular need or accomplish a goal. Thus, it typically involves the process of gathering informations, accessing and weighing the informations with their alternatives and choosing the best option.
Generally, management decisions are considered to typically lack structure because most problems are novel and as such would require different procedures to follow in proffering solutions. Thus, most management decisions are non-programmed decisions making them to lack structure i.e being unstructured.
Hey according to me c 27 is the answer...
Answer:
$1,500
Explanation:
On the end-of-period spreadsheet, the credit adjustment of $500 is made in the Debit balance of Supplies inventory, which will net off the values and resulted Supplies Inventory value will be $1,500 at the end of the year and it will be reported on the financial statements. $1,500 should be appeared for supplies in the adjusted Trial Balance column.
When it comes to this context, nothing is sure to be a success, so no
Answer:
The correct answer is option D.
Explanation:
A market failure refers to the situaion where the market forces fail to efficiently allocate resources. It happens because of a number of reasons such as externalities, monopoly, asymmetrical information, tragedy of commons etc.
In case of market failure, the government has to intervene to efficiently allocate resources. The failure of price mechanism to produce goods efficiemtly results in government to intervene.
