In: Finance
The decision making is called______ because managers do not need to repeatedly make new judgments about what should be done, they are replying on long-established decision rules.
Cognitive-based |
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Non-programmed |
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Programmed |
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Subconscious mental based |
PROGRAMMED decision making is a decision making in which managers are not making new judgements and they are always relying upon long-established decision rules. These decisions are mostly routine and there is less ambiguity.
Correct answer will be option (C) PROGRAMMED