The answer is option 4 more and increased.
Explanation:
Decisions today are becoming more complex, due to increased uncertainty in the decision environment.
Decision making is planning, organizing, directing and controlling the functions of a manager at achieving organizational goals.
It provides more information and alternatives, improves the quality of decisions and helps in strengthening the organization.
In the decision phase of the decision making process the managers construct a model that reduces the problem. The decision rights identify and define the framework for how they will be made through operating process and support tools.
<h2>Technical skills are really essential. But upon technical skill, soft skills are mandatory to have a successful career.</h2>
Explanation:
Communication: The most important to covey from low level to high level and vice-versa.
Leadership skill: The see the growth visibly. An essential skill for both employer and employee.
Crisis management: Employee should possess this skill to handle challenging situation
Negotiation: Which is really important both for work life and personal life. This is required in all the levels of hierarchy.
Collaboration: Required to work as a team
Problem-solving: The skill which would be tested in various interviews in all the levels.
Services are actions that you purchase for someone to do for someone else. Basic examples of services are tutoring, hair cuts, car repairs, medical appointments, cleaning service, tech support.
Goods are tangible items that can be physically owned while most services are intangible.
Answer:
Free Trade Definition. Free trade is a largely theoretical policy under which governments impose absolutely no tariffs, taxes, or duties on imports, or quotas on exports. In this sense, free trade is the opposite of protectionism, a defensive trade policy intended to eliminate the possibility of foreign competition
Net Profit Margin measures the percentage of sales revenue a firm is able to retain after all expenses are deducted from gross revenues.
What is Net Profit Margin?
A financial measure called net profit margin can be used to determine what much of a company's total revenue is profit. It gauges how much net profit a business makes for every dollar of revenue generated. The ratio of net profit to total sales, stated as a percentage, is known as the net profit margin.
Net profit is determined by subtracting all business costs from net income. A percentage is the outcome of the profit margin computation; for instance, a 10% profit margin indicates that for every $1 in revenue, the company makes $0.10 in net profit. Revenue represents the entire sales of the company in a period.
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