Which of the Following Is Not a Reason That Managers

question 1

Multiple Choice

Which of the following is not a reason that managers need IT support?

• A) number of alternatives are increasing
• B) decisions must typically be made under time pressure
• C) decisions are becoming less complex
• D) need to access remote information sources
• E) decision makers are often in different locations

Interpret the role of concentration ratios in evaluating industry market structure.

Comprehend the market dynamics and outcome under a colluding oligopoly.

Evaluate the impact of government intervention on collusion and price fixing.

Analyze the conditions under which cartels are likely to be successful or fail.

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Definitions:

Critical Path

The chain of crucial operations in a project that must be executed on schedule for the project to be completed by the targeted due date.

Network Diagram

A visual representation of a project's tasks and the relationships between them, showing the sequence of tasks and dependencies.

Gantt Chart

A visual project management tool that outlines a project schedule, showing the start and finish dates of various elements or tasks within the project.

PERT/CPM Network

Pertains to the management tools known as Program Evaluation and Review Technique (PERT) and Critical Path Method (CPM), used for planning, scheduling, and controlling complex projects.