Examlex
Which statement is true?
Crisis Management
The process by which a business or organization deals with a disruptive and unexpected event that threatens to harm the organization or its stakeholders.
Formal Programs
Structured and officially sanctioned plans or initiatives designed to achieve specific goals within an organization, such as training employees or improving processes.
Nonprogrammed Decisions
Are created to deal specifically with a problem at hand.
Reordering Inventory
A management process that involves replenishing stock to ensure sufficient quantities are available to meet customer demands.
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