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Questions and Answers
Which type of decision defines the long-term framework for all subsequent decisions within a company?
Which type of decision defines the long-term framework for all subsequent decisions within a company?
- Constitutive decision (correct)
- Elemental decision
- Decision involving a choice between alternatives
- Status quo decision
What is the aim of a decision?
What is the aim of a decision?
- To establish a company
- To make elemental decisions
- To maintain the status quo
- To select the alternative with the greatest possible utility (correct)
When are constitutive decisions made?
When are constitutive decisions made?
- When establishing a company
- When maintaining the status quo
- When making elemental decisions
- Throughout the life of a company (correct)
What do constitutive decisions refer to?
What do constitutive decisions refer to?
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Which of the following best describes constitutive decisions?
Which of the following best describes constitutive decisions?
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What is the purpose of making a decision?
What is the purpose of making a decision?
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What are the alternatives involved in a decision?
What are the alternatives involved in a decision?
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When are constitutive decisions made?
When are constitutive decisions made?
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