Which of the Following Statements Is True About Nonprogrammed Decisions

question 52

Multiple Choice

Which of the following statements is true about nonprogrammed decisions?

• A) These decisions are made when the nature of the problem is well-defined.
• B) Lower-level managers typically encounter these decisions.
• C) These decisions are usually made through structured, bureaucratic techniques.
• D) Past decisions are of little help while making these decisions.

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Definitions:

Stockouts

Occur when an item is not in stock and cannot be provided to the customer, leading to potential sales loss and customer dissatisfaction.

Order Fill Rate

A metric that measures the percentage of customer or sales orders fulfilled from stock available at the time the order is placed.

Return on Assets (ROA)

A financial ratio that shows how profitable a company is relative to its total assets, indicating how efficient management is at using its assets to generate earnings.

Return on Net Worth

A measure of a corporation's profitability that reveals how much profit a company generates with the money shareholders have invested.