Which of the Following Observations About the Relationship Between Decision

question 92

Multiple Choice

Which of the following observations about the relationship between decision type and decision process is true?

• A)Managerial decisions tend to be highly structured, whereas operational decisions are unstructured.
• B)The higher levels of decision making are associated with unstructured decision processes.
• C)Higher-level organizational decisions should be highly structured.
• D)Need for collaboration is highly significant for lower-level, structured decisions.

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Definitions:

Historical Background

The historical context or past events leading to the current state or understanding of a subject, providing insight into its development and changes over time.

Regulation

The act of controlling, governing, or managing activities, especially through rules and standards set by authorities or bodies.

Pricing Algorithms

Computer-based methods used to determine the selling price of goods or services, often based on factors such as demand, competition, and cost.

Price-fixing

An agreement among competitors to raise, lower, or stabilize prices or competitive terms.