Which of the Following Is Not Considered a Characteristic of Management

question 54

Multiple Choice

Which of the following is not considered a characteristic of management decision making?

• A) Programmability
• B) Risk
• C) Budget
• D) Crisis

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Definitions:

Option Contract

An agreement that gives the owner the right, but not the obligation, to buy or sell a specific asset at a specific price for a set period of time.

Put Options

Financial contracts giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a specified time frame.

Exercise Price

The price set for buying or selling an asset under the terms of an options contract.