An understood and accepted method for making decisions is used to make
A) managerial decisions.
B) operational decisions.
C) strategic decisions.
D) executive decisions.
E) structured decisions.

Question

Quizplus · Accepted Answer

Structured decisions are those for which there exists an understood and accepted method for making decisions. They are typically well-defined and routine, and involve a limited amount of uncertainty. Examples include inventory control and budgeting, and they can be made at various levels in the organization, from operational to executive. However, the other options listed (managerial, operational, strategic, and executive decisions) are not explicitly linked to structured decision-making.

An Understood and Accepted Method for Making Decisions Is Used