An organization uses a formula to compute the reorder quantity of an item in inventory. This is an example of a(n) ________ decision process.
A) structured
B) autocratic
C) corporate
D) strategic

Question

Quizplus · Accepted Answer

A structured decision process involves a standardized approach to solving a problem or making a decision. Using a formula to compute the reorder quantity of an item in inventory is a clearly defined and repeatable process, making it a structured decision. Autocratic refers to decision-making by an individual with complete authority, corporate refers to decisions made at a high level within a company or organization, and strategic refers to decisions related to the overall direction and long-term goals of a company.

An Organization Uses a Formula to Compute the Reorder Quantity