If Microsoft Is Thinking About Building a New Factory, It

question 115

Multiple Choice

If Microsoft is thinking about building a new factory, it is making a

• A) Long-run decision that will definitely enhance its profit.
• B) Long-run decision that may enhance its profit.
• C) Short-run decision that will definitely enhance its profit.
• D) Short-run decision that may enhance its profit.

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Definitions:

Relevance To Decision

The importance of information in influencing or making a decision; relevant information affects the outcome of the decision-making process.

Management Function

Essential activities including planning, organizing, leading, and controlling that are performed to achieve business objectives.

Planning

The process of making plans for something, often involving setting goals and determining the steps needed to achieve those goals.

Establish Objectives

The process of defining specific, measurable, achievable, relevant, and time-bound goals that an organization or individual aims to achieve.