Nonprogrammed Decisions Require Managers to Use ____________ Rather Than ___________

question 62

Multiple Choice

Nonprogrammed decisions require managers to use ____________ rather than ___________.

• A) individuals, groups
• B) groups, individuals
• C) creativity, decision rules
• D) decision rules, creativity
• E) strategic thinking, critical thinking

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Definitions:

Foreclosure Sale

The process of selling an asset, typically real estate, to fulfill an obligation or debt that the owner has failed to pay.

Unsecured Party

A lender or creditor who provides credit without obtaining specific collateral as security for the loan.

Credit Card

A plastic card issued by a financial institution that allows the holder to borrow funds to pay for goods and services.

Repayment

The act of paying back money that was borrowed from a lender.