Programmed Decisions Are

question 128

Multiple Choice

Programmed decisions are

• A)unique,nonroutine,and important,requiring conscious thinking,information gathering and careful consideration of alternatives.
• B)decisions that are made to set the course of an organization.
• C)a set of parameters against which all of the potential options in decision making will be evaluated.
• D)ones which occur frequently enough that an automated response is developed for them.

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Definitions:

Expansion of Global Markets

The process of businesses extending their reach and operations into new international markets.

Bargaining Power

The ability of one party to dictate terms or influence negotiations in their favor due to their position or resources.

Rivalry of Existing Competitors

The intensity of competition among current players within the same industry or market, which can influence pricing, product development, and marketing strategies.

Patented Technologies

Innovations protected by legal rights, granting the patent holder exclusive use and commercial benefits.