Formal Business Procedures,cost Minimization,profit Maximization and Algorithms,such as Those Used

question 1

Multiple Choice

Formal business procedures,cost minimization,profit maximization and algorithms,such as those used by eHarmony to match its members,are example of __________ decisions.

• A)structured
• B)semistructured
• C)unstructured
• D)operational

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Definitions:

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time, used to assess the profitability of an investment or project.

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows.

Time Value of Money

The concept that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.

Cash Flows

The inflows and outflows of cash for a business, representing the movement of money into and out of the organization.