Why Does Improving a Small, Routine Decision Have Business Value

question 62

Multiple Choice

Why does improving a small, routine decision have business value for a company?

• A) A small decision may have a great economic impact on the company.
• B) Even a routine decision may have a "ripple" effect through a corporation.
• C) A small decision has business value when added with all the other small decisions made in the company.
• D) Small, routine decisions typically do not have any business value for a company.
• E) Even small decisions affect the culture of the organization.

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Definitions:

Depreciation

An accounting method of allocating the cost of a tangible or physical asset over its useful life or life expectancy.

Variable Cost

Expenses that change in proportion to the amount of goods produced or the volume of sales.

Unit Basis

A method or metric used to measure, allocate, or assess something on a per-unit basis, often related to pricing or cost calculations.

Traditional Format

A standard or conventional method of presenting data or information, often used in financial reporting or accounting.