A Style of Decision Making That Characterizes Managers as Careful

question 32

Multiple Choice

A style of decision making that characterizes managers as careful decision makers with the ability to adapt or cope with new situations is a(n) :

• A)behavioral style.
• B)analytic style.
• C)autocratic style.
• D)conceptual style.
• E)directive style.

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Definitions:

Advertising

The activity of promoting products or services to potential customers through various channels.

Variable Costs

Costs that change in proportion to the level of goods or services produced.

Contribution Margin Ratio

The percentage of each sales dollar that contributes to covering fixed costs and generating profit.

Pre-tax Income

The total earnings of a company before any taxes have been deducted, often considered when assessing the profitability of a company.