Which of the Following Is True of Nonprogrammed Decisions

question 18

Multiple Choice

Which of the following is true of nonprogrammed decisions?

• A)They are routine decisions.
• B)They have an established procedure.
• C)They are new and complex decisions.
• D)They are the decisions that a manager has taken in the past.

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Definitions:

Acquisition

A merger in which one company acquires the stock of another. May be friendly or hostile (unfriendly). See Merger.

Leverage

Utilizing leveraged capital to boost the prospective returns of an investment, concurrently escalating the risk of financial loss.

Premium

The amount by which the price of a financial instrument or asset exceeds its face value or principal value, often related to bonds, insurance, or options trading.

Arbitrage

The simultaneous purchase and sale of the same asset in different markets to profit from unequal prices.