Which of the Following Statements Best Describes the Business Value

question 94

Multiple Choice

Which of the following statements best describes the business value of improved decision making?

• A)Improved decision making creates better products.
• B)Improved decision making results in a large monetary value for the firm as numerous small daily decisions affecting efficiency,production,costs,and more add up to large annual values.
• C)Improved decision making enables senior executives to more accurately foresee future financial trends.
• D)Improved decision making strengthens customer and supplier intimacy,which reduces costs.
• E)Improved decision making creates a better organizational culture.

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Definitions:

Nervous

Pertaining to the nerves or the nervous system and often used to describe feelings of anxiety or apprehension.

Eye Contact

The act of looking directly into another person's eyes, often used as a nonverbal communication tool.

Ineffective Nonverbal Behavior

Refers to nonverbal cues and gestures that fail to convey the intended message or produce the desired effect in communication.

Furniture

Movable objects intended to support various human activities such as seating, eating, and sleeping, as well as to hold objects at a convenient height for work.