Which of the Following Statements Best Describes the Business Value

question 79

Multiple Choice

Which of the following statements best describes the business value of improved decision making?

• A) Improved decision making creates better products.
• B) Improved decision making results in a large monetary value for the firm as numerous small daily decisions affecting efficiency, production, costs, and more add up to large annual values.
• C) Improved decision making enables senior executives to more accurately foresee future financial trends.
• D) Improved decision making strengthens customer and supplier intimacy, which reduces costs.

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Definitions:

Sales Manager

A professional responsible for directing and overseeing a company's sales team and strategies to drive sales growth.

Supervised

Being overseen or managed by someone, typically in a work or educational setting, to ensure tasks are completed properly.

Functional Layout

The arrangement of elements in a design or space according to their purpose and usability, enhancing efficiency.

Nontraditional Career Paths

Employment trajectories that deviate from the standard or expected routes within a given field or society.