In Business Management, tt is critical that top managers <u>implement </u>the decision and then assign middle managers the responsibility to make follow-up decisions as appropriate to achieve the goal.
<h3>What is decision-making in business management?</h3>
This refers to the art of recognizing actionable steps that are related to the attainment of business objectives, then identifying and act steps that must be taken to actualize them by making and implementing decisions.
It is thus correct to state that implementation is key to decision-making.
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I'd say True because when planning you have to be organized about it
Answer:
D. the demand for Nike running shoes is less elastic than the demand for shoes.
Explanation:
In this the substitutes would be more for the particular brand rather than the normal running shoes. Since the demand of running shoes might be less elastic as compared to the demand of nike running shows because the consumer shifted from the nike to other brand that are popular. Plus, the elasticity of demand for running shoes is considered to be inelastic as there is many subsitutes
So, the option d is correct
Answer:
a. Inventory records
Explanation:
Inventory records -
It refer to the record or information of all the transactions, in a manual or computer based record, is referred to as an inventory records.
It is also known as stock record.
These records have complete information and data of all the transactions in each of the inventory item.
A very accurate and timely record is maintained which may be helpful for any future references.
Hence, from the given question,
The correct answer is inventory records.