Which of the Following Is Not a Characteristic of Nonprogrammed

question 11

Multiple Choice

Which of the following is not a characteristic of nonprogrammed decisions?

• A) Found at the higher levels of the organization.
• B) Have more uncertain conditions surrounding the decision.
• C) Are poorly structured and occur infrequently.
• D) Are repetitive and routine and have standard operating procedures.

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Definitions:

Market Risk Premium

The extra return investors expect to earn from holding a risky market portfolio instead of risk-free securities.

Beta

An indicator of how much a stock fluctuates in comparison to the general market, with a beta above 1 signifying more volatility than the market average.

Required Rate Of Return

The lowest yearly percentage gain necessary to attract individuals or organizations to invest in a specific security or project.

Deflation

A decrease in the general price level of goods and services over a period, leading to increased purchasing power of money.