Management decision problems are composed of three elements. Which of the following is not one of them?
A) Profitability
B) Alternatives
C) Constraints
D) Objectives

Question

Quizplus · Accepted Answer

Management decision problems typically involve identifying objectives, considering various alternatives, and understanding constraints. Profitability, while often a key consideration or objective in decision-making, is not considered one of the fundamental elements of a management decision problem framework.

Management Decision Problems Are Composed of Three Elements