With Sales Lagging Due to the Poor Economic Conditions,Abby,the Manager

question 64

Multiple Choice

With sales lagging due to the poor economic conditions,Abby,the manager of Photography by Abby,has decided to launch a large scale advertising campaign to promote her services.This represents which type of decision for the organization?

• A)Nonprogrammed
• B)Intuition
• C)Optimizing
• D)Programmed
• E)Satisficing

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Definitions:

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the loss of value due to wear and tear, and obsolescence.

Plant Asset

Permanent real assets employed for creating products and offering services, like facilities, mechanical devices, and apparatus.

Market Value

The immediate cost set for assets or services to be exchanged in a market setting.

Plant Assets

Long-term tangible assets that are used in the operations of a business and are not intended for sale, such as machinery, buildings, and land.