Decisions Made by Top Managers Involving Strategy, Such as Signing

question 39

Multiple Choice

Decisions made by top managers involving strategy, such as signing mergers or making acquisitions, are examples of _____ decisions.

• A) frequent
• B) nonprogrammed
• C) structured
• D) operational
• E) programmed

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Definitions:

Dividends

Profits distributed by a corporation to its members, typically in the form of payments.

Expected Rate Of Return

The anticipated amount of profit or loss an investment generates, based on historical or estimated performances.

Standard Deviation

A measure of the amount of variability or dispersion of a set of values; used in finance to represent the volatility of an investment.