What Is the Essential Difference Between Programmed Decisions and Nonprogrammed

question 16

Multiple Choice

What is the essential difference between programmed decisions and nonprogrammed decisions?

• A)Programmed decisions involve a facility's program, while nonprogrammed decisions do not.
• B)Programmed decisions, after making them a few times, do not require new procedures, while nonprogrammed decisions require thinking out a new situation.
• C)Programmed decisions should be left to experts, while anybody can make a nonprogrammed decision
• D)Programmed decisions need input from the staff, while nonprogrammed decisions do not.

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Definitions:

Price Elasticity

The extent to which demand for an item varies with a shift in its cost.

Income Elasticity

An indicator of the variation in demand for a product based on alterations in consumer income.

International Value

The worth of a product, service, or currency as recognized and accepted across different countries and economies.

Agricultural Exports

Products derived from farming and agriculture that are sold by one country to other countries, which can include crops, livestock, and other agricultural produce.