Which of the following is true of managerial decision making?
A) Most managerial decisions lack structure.
B) Managerial decisions are always free of risk.
C) Managerial decisions are taken under conditions of perfect certainty.
D) Managers show consistency in their decisions in response to novel problems.
E) A manager's decisions have the characteristics of programmed decisions.

Question

Quizplus · Accepted Answer

Lack of structure is typical of managerial decisions. Usually there is no automatic procedure to follow. Problems are novel and unstructured, leaving the decision maker uncertain about how to proceed. In other words, a manager's decisions most often have the characteristics of nonprogrammed decisions.

Which of the Following Is True of Managerial Decision Making