Question : Computer enables a business to access the information that helps in _______.

Option 1: decision making

Option 2: earning profit

Option 3: Both 1 and 2

Option 4: None of these

Question : How is the spreadsheet helpful?

Option 1: quickly record and manipulate a large amount of numerical information

Option 2: it automatically recalculates the result of mathematical formulas

Option 3: Both 1 and 2

Option 4: None of these

Question : The decision-making unit of a buying organization is called its ____________ all the people and entities involved in the business decision-making process.

Option 1: Purchasing center

Option 2: Bidding center

Option 3: Buying center

Option 4: Demand-supply center

Question : Statement 1:   Organizational barriers can hinder effective decision-making.

Statement 2:   Organizational barriers do not impact the decision-making process.

Option 1: Both statements are correct.
 

Option 2: Statement 1 is correct, and statement 2 is false.
 

Option 3: Both statements are incorrect.

Option 4: Statement 2 is correct, and statement 1 is incorrect.

Question : Statement 1: Centralization involves decision-making by a few top-level managers.

Statement 2: It promotes employee empowerment and participation in decision-making.

Option 1: Statement 1 is true, and Statement 2 is false.

Option 2: Statement 1 is false, and Statement 2 is true.

Option 3: Both Statement 1 and Statement 2 are true.

Option 4: Both Statement 1 and Statement 2 are false.