Don,a New Manager,commented to a Friend,"I Am Excited About Different

question 75

Multiple Choice

Don,a new manager,commented to a friend,"I am excited about different aspects of my new job.The company computers have entered the field of decision making.The network not only collects information more quickly,but the system also reduces the roadblocks when I need a group consensus." Don is referring to

• A)the Delphi technique.
• B)collaborative management.
• C)brainwriting.
• D)a decision support system.
• E)brainstorming.

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Definitions:

Present Value Factor

A factor used in calculating the present value of a future sum of money or a stream of cash flows, given a specific interest rate.

Annuity

A financial product that provides regular payments over a specified period of time, often used as a retirement income strategy.

Equal Annual

This term refers to an approach or method where amounts or payments are distributed equally across multiple years.

Net Present Value

A method used to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows over a period of time.