Judgment Refers To

question 31

Multiple Choice

Judgment refers to:

• A) Adaptive decision-making
• B) Credibility and trustworthiness
• C) Understanding of one's problems
• D) Disorientation
• E) None of the above

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Definitions:

Profit Centers

Sections or branches of a business that are responsible for generating revenue and are evaluated based on their profitability.

Cost Centers

Parts of an organization that do not directly produce revenue but incur costs, for which managers are responsible for controlling expenses.

Centralized Business Organization

A management structure where decision-making authority is concentrated at the top levels of the organization, with few people responsible for making decisions and setting policies.

Major Planning

Major planning involves the development of comprehensive strategies and objectives to guide an organization or project towards achieving its long-term goals.