An Example of a Nonprogrammed Decision Would Include the Decision

question 93

Multiple Choice

An example of a nonprogrammed decision would include the decision to:

• A) reorder supplies.
• B) develop a new product or service.
• C) perform routine maintenance on one of the machines in manufacturing.
• D) terminate an employee for violation of company rules.
• E) fill a position.

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Definitions:

Business Cycle

Periodic fluctuations in economic activity, such as growth and recession.

Recovery

A period of economic improvement following a recession or downturn.

Trough

The lowest point in an economic cycle, marking the transition from recession to recovery.

Peak

The highest point reached by a commodity or market price before a decline.