Question

In: Finance

The decision making is called______ because managers do not need to repeatedly make new judgments about...

  1. 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

Non-programmed

Programmed

Subconscious mental based

Solutions

Expert Solution

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


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