Formal business procedures,cost minimization,profit maximization and algorithms,such as those used by eHarmony to match its members,are example of __________ decisions.
A)structured
B)semistructured
C)unstructured
D)operational

Question

Quizplus · Accepted Answer

The given examples involve structured decisions which are repetitive and routine in nature and can be handled through formal procedures and algorithms. Cost minimization and profit maximization also involve the use of specific calculations and formulae to determine the optimal outcome. These decisions have a predetermined set of rules and do not require much creativity or judgment.

Formal Business Procedures,cost Minimization,profit Maximization and Algorithms,such as Those Used