What Occurs in Situations in Which No Procedures or Rules

question 9

Multiple Choice

What occurs in situations in which no procedures or rules exist to guide decision makers toward the correct choice?

• A)analytics
• B)structured decisions
• C)unstructured decisions
• D)semistructured decisions

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Definitions:

Cost Centers

Parts of an organization where costs can be identified and directly attributed, but which do not directly generate revenue.

Profit Centers

Parts of an organization that directly contribute to its profit through their operations and are responsible for their own revenues and costs.

Decentralized Operations

A management structure where decision-making and operations are distributed among various autonomous units or departments within an organization.

Profitability

A measure of the efficiency and effectiveness of a company in generating profit relative to its revenue or investments over a specific period.