This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements best describes the business value of improved decision making? ... (Read 58 times)

HCHenry

  • Hero Member
  • *****
  • Posts: 591
Which of the following statements best describes the business value of improved decision making?
 
  A) Improved decision making creates better products.
  B) Improved decision making results in a large monetary value for the firm as numerous small daily decisions affecting efficiency, production, costs, and more add up to large annual values.
  C) Improved decision making enables senior executives to more accurately foresee future financial trends.
  D) Improved decision making strengthens customer and supplier intimacy, which reduces costs.
  E) Improved decision making creates a better organizational culture.

Question 2

Transaction brokers
 
  A) generate revenue from advertising or from directing buyers to sellers.
  B) save users money and time by processing online sales transactions.
  C) provide a digital environment where buyers and sellers can establish prices for products.
  D) sell physical products directly to consumers or individual businesses.
  E) provide online meeting places where people with similar interests can communicate.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emilymalinowski12

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

B

Answer to Question 2

B




HCHenry

  • Member
  • Posts: 591
Reply 2 on: Jul 7, 2018
Gracias!


hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

For a complete list of videos, visit our video library