Scenario A: Alexis,the Manager of Full Circle Fitness,has Several Decisions

question 110

Multiple Choice

Scenario A: Alexis,the manager of Full Circle Fitness,has several decisions 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 following are decisions facing Alexis this week:
Giving two personal trainers raises based on the company's policy for wage increases
Determining whether or not to open a facility in a new market to target more customers
Interviewing applicants for two open part-time fitness instructor positions and hiring them
Providing input to the owner on a possible upgrade to the elliptical machines currently in use
-In Scenario A,decisions 2 and 4 are examples of ________ decisions.

• A)programmed
• B)nonprogrammed
• C)custom-made
• D)ready-made
• E)quantitative

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Definitions:

Point C

In the context of economic models, Point C can represent a specific position on a graph, such as on a supply and demand curve or a production possibilities frontier, illustrating a particular economic condition or choice.

Slope

Measures the steepness, incline, or grade of a line on a graph, representing the rate of change of the variables plotted on the axes.

Indeterminate

An outcome or situation that cannot be definitively determined or predicted due to the presence of too many unknown variables.

Straight Line

In geometry, the shortest distance between two points, characterized by its uniform direction and infinite length in both directions.