According to the information presented in this video, a company's decision to introduce a new product is an example of _____ decision making.

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26-07-2022
Business

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According to the information presented in this video, a company's decision to introduce a new product is an example of _____ decision making.

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anshumanaryan799 anshumanaryan799 · Answer 1 · 2022-08-04T17:41:39+02:00

According to the information presented in this video, a company's decision to introduce a new product is an example of unstructured decision-making.

Unstructured decision-making is decision-making that requires decision-makers to provide insight into judgment, evaluation, and problem definition. In contrast, structured decisions are repetitive, routine, and can be efficiently processed by decision-makers by following specific steps.

A class of unstructured decision problems is considered. Unstructured problems are problems with mostly qualitative parameters whose quantitative dependencies are unknown.

These decisions require judgment, evaluation, and insight to solve the problem. Unstructured means “decision-making processes that have not yet been encountered in the same format and that do not have a clear ordered set of responses within the organization”.

Learn more about decision-making here: https://brainly.com/question/1249089

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