Answer:
Rational decision-making model
Explanation:
Rational decision-making model: It is one of the decision-making models which assume we have sufficient knowledge, information, resources, time and ability to evaluate and make a correct choice among different alternative we have.
There are six steps to Rational decision-making model:
- Define the problem.
- Identify the decision criteria.
- Weight established criteria.
- Using relative comparision.
- Generate list of alternative.
- Evaluate the alternatives.
- Determine the optimum decision.
Answer:
Explanation:
4 is the right one of not sowy
Answer:
D economies of scale.
Explanation:
Economies of scale are cost advantages obtained with cost per unit of output reducing with an increasing scale.
Economies of scale occur when average costs begin to fall as output increases.
If the firm finds out it could reduce its long-run average total cost by increasing output, then it is experiencing economies of scale.
Answer:
She is making a <u>PROGRAMMED DECISION</u> because she always bases the order on current inventory levels, which are accurate and up-to-date?
Explanation:
Programmed decisions are routine decisions that are carried out following established procedures. This type of decisions are made generally without much consideration because they do not include important aspects of the organization's functions. Sometimes they can even be automated specially if they apply to small purchases like office supplies which can be made only by checking the inventory level.