Question

16. All business Managers and owners requires the knowledge of legal environment for taking
profit decison
own decison
O business decision
productive decision​

Answer 1

Answer:

business decisions

Explanation:

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Answer 2

Option C) Business decision

All business Managers and owners requires the knowledge of legal environment for taking.

• In business, there are three different types of decisions: strategic, tactical, and operational.
• Making decisions is an essential part of every manager's daily tasks. The decisions that managers make on a daily basis directly affect the success of their organisation, whether it be shifting the department's budget, assigning duties, or implementing a new strategy.
• Once they have recognised a situation that calls for a choice, managers look for a variety of facts to help them understand their options. In order to solve a problem, managers may look for potential reasons, the people and procedures involved, as well as any limitations on the decision-making process.
• Any choice made by a business professional that determines the short-term or long-term corporate activities is referred to as a business decision, also known as an operational decision.
• A manager is responsible for making decisions on the allocation of funds, assets, labour, resources, and other resources. A manager really schedules time, plans work, and authorises activities by doing this.

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