Some Organizations Make Decisions Based on Past Experience,instincts,or Secondary Data

question 18

Multiple Choice

Some organizations make decisions based on past experience,instincts,or secondary data searches.These organizations are operating at the _____ tier of the hierarchy of business decision makers.

• A) top
• B) middle
• C) base
• D) pinnacle
• E) information

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Definitions:

Nonhuman Capital

Resources or assets that are not human, such as machinery, buildings, and land, used in the production of goods and services.

Knowledge

information, understanding, or skills obtained through experience or education; the theoretical or practical understanding of a subject.

Skills

The abilities and expertise a person has acquired through experience or education, enabling them to perform specific tasks effectively.

Technological Setbacks

Events or developments that delay or reverse technological progress or innovation.