Which of the Following Statements Best Describes the Business Value

question 94

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.
• E)Improved decision making creates a better organizational culture.

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