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Scenario A. The local Ace Hardware Store manager has several decisions she has to make as the week begins. She always comes in early on Mondays to sift through the paperwork on her desk and decide what needs to be done for the week and in which order. The decisions facing her this week are:
1. determining which sales representatives to see this week to place orders.
2. providing a report to the owner detailing her opinion of whether or not she should purchase several more Ace locations that are for sale in the area.
3. interviewing applicants for two open part-time positions and hiring them.
4. providing input to the owner on a possible upgrade to the checkout technology currently in use.
-Decisions 1 and 3 are both ____________ decisions because ____________________.
Production Costs
Expenses incurred in the process of manufacturing goods, including raw materials, labor, and overhead.
Celebrity Endorsements
The practice of using famous people to promote a product, service, or brand, leveraging their popularity and influence to reach consumers.
Product Excellence
The pursuit of delivering products of outstanding quality that meet or exceed customer expectations.
Clear Understanding
The comprehensive grasping of concepts, situations, or instructions without ambiguity or confusion.
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