business decision

Decision making process starts with

• Gather all information

• Identify clear goal

• Make a decision

• Analyze all information

The last step of decision making process

• Gather all information

• Identify to a clear goal

• Monitor and evaluate the results

• Analyze all information

Factors that must be considered when taking business decision

• Purpose

• Organizational structure

• Resources

• All of the above

The purpose mains

• Financial resources, human resources and physical resources

• Aims, objective and format of the enterprise

• All of the above

• Non of the above

The legal format of the business includes

• Sole trader

• Partnership

• LLC

• Civil company

• All of the above

The legal format, sole trader mains

• One owner

• Two owner

• Three owner

• non of the above

The difference between organizational structure and organizational chart is the structure used for small enterprise and the chart used for large enterprises.

• True

• False

Types of organizational structure includes

• Flat organizational structure

• Hierarchical organizational structure

• Complex organizational structure

• All of the above

Flat organizational structure is commonly used for large enterprises

• True

• False

Hierarchical organizational structure may include many levels of management depending on the size of the organizational

• True

• False