Farm & Ranch Bus Mgt-Intro Flashcard

Front

According to the document, whose goals and objectives should be considered? Customers, Owners, Employees, Suppliers

Back

Owners

Front

Which of the following is NOT a part of the management process? Planning, Implementing, Evaluating, Marketing

Back

Marketing

Front

Which of the following is a characteristic used to classify decisions? Complexity, Imminence, Cost, Duration

Back

Imminence

Front

What should be set to measure achievements in decision making? Options: High expectations, Realistic goals, Strict deadlines, Flexible plans

Back

Realistic goals

Front

What determines the importance of decisions according to the text?

Back

The goals of the manager

Front

Why are some decisions considered of lesser importance?

Back

They have less effect on time or profit

Front

What does frequency refer to in decision-making? Options: The importance of decisions, The cost of decisions, How often decisions are made, The complexity of decisions

Back

How often decisions are made

Front

Why does it become easier to make decisions with a frequent repetitive nature?

Back

They are more familiar.

Front

What does "imminence" refer to?

Back

How soon a decision needs to be made

Front

What does revocability refer to?

Back

Whether a decision can be reversed and the cost of doing so