Decision Making Is the Process in Which Managers Make Determinations

question 47

True/False

Decision making is the process in which managers make determinations about organizational goals and courses of action by responding to opportunities and threats.

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Definitions:

Functional Departmentation

The process of organizing an organization's structure into departments based on specific functions or tasks, such as marketing, finance, operations, etc.

Product Departmentation

An organizational structure where departments are created based on the products or product lines they manage or produce.

Strengths

The inherent capabilities or positive qualities that an individual possesses, which are beneficial for performing certain tasks or solving problems.

Organizational Customers

Entities, such as businesses, governments, or non-profits, that purchase goods or services from another organization for internal use, resale, or to support their operations.