A ________ decision is best explained by the following: When a company’s finance department decides to go to the organizations usual bank and take out a loan whenever the company's revenues for the month are projected to be less than its expenses.

Question

26-08-2020
Business

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A ________ decision is best explained by the following: When a company’s finance department decides to go to the organizations usual bank and take out a loan whenever the company's revenues for the month are projected to be less than its expenses.

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A customer pays 50 dollars for a coffee maker after a discount of 20 dollars What is the original price of the coffe maker?

ogorwyne ogorwyne · Answer 1 · 2020-08-27T02:14:17+02:00

ogorwyne ogorwyne

27-08-2020

Answer:

Programmed decision

Explanation:

This is known as a programmed decision. Because it involves a structured and routine decision making to get a loan whenever revenues are less than its expenses.

A programmed decision is routine in nature and is handled by rules that have already been put in place. Such decisions have specific and clear goals, and are also well structured.

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