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Programmed decisions are concerned with the problems of repetitive nature or routine type matters. They help solve problems of structured nature . A standard procedure is followed for tackling such problems. These decisions are taken based on organizational policies. These policies are pre- established and depending on the terms of the policy, programmed decisions are taken. These decisions are taken generally by lower-level managers. For example, decisions pertaining to purchase of raw material, granting leave to an employee and supply of goods and implements to the employees, etc
In Insurance, CGL stands for?
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