Describe the difference between programmed and non-programmed decisions. What are the implications of these differences for decision makers?
Describe the difference between programmed and non-programmed decisions. What are the implications of these differences for decision makers?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:CHAPTER 8 ASESSEMENT
DIRECTIONS: PROVIDE COMPLETE RESPONSES TO THE FOLLOWING QUESTIONS
1. Describe the difference between programmed and non-programmed decisions. What are the
implications of these differences for decision makers?
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Feb 12, 2022, 12:34 PM
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It is important for the managers to differentiate between decisions that can have structure and routine applied to them as they have limited time and must use it wisely to be effective. Identifying a decision, acquiring data, and evaluating possible resolutions are all involved in the decision process. By collecting relevant data and identifying options, a step-by-step decision-making process can assist you in making more careful, considered decisions.
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