Deciding what product lines to develop over the next five years is an example of a(n)...........
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Deciding what product lines to develop over the next five years is an example of an;
Unstructured Decision.
Unstructured decision is the type of decision taken for the long run in a company/firm. In this, effect on the longer run are kept in view.
Deciding what product lines to develop over the next five years is an example of an;
Unstructured Decision.
Unstructured decision is the type of decision taken for the long run in a company/firm. In this, effect on the longer run are kept in view.
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Deciding what ‘product lines to develop’ over the ‘next five years’ is an example of unstructured decision.
Explanation:
- The unstructured decisions are decisions that are made at the ‘strategic management level’.
- It could be deciding on what product lines to develop over the ‘next five years’ is an example of an unstructured decision.
- The structured decisions are more defined and they are accompanied by the relevant data and information.
- The unstructured decisions are mostly on the expertise and knowledge of the management and they require the relevant data and models for coming to a decision.
Learn more about unstructured decision
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