Why are process decisions important?
What will be an ideal response?
Answer: Process decisions are important because they tend to be expensive and far-reaching. A process choice dictates the type and size of the workforce, the type of equipment that is needed, and the type of products that can be made. Different processes have different strengths and weaknesses.
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In addition to providing a means for gathering, analyzing, classifying, storing, retrieving, and reporting relevant data, MIS should also cover:
A) a company's external environment. B) customers. C) competitors. D) strategy. E) all of the above
What kind of policy will protect an insurance agent against liability arising out of acts committed in her professional capacity?
A) Errors and omissions B) Contractual liability C) General liability D) Indemnity "