Examlex
Suppose a stock has a higher expected rate of return than a bank account. Then
Intuitive Style
A way of decision-making or problem-solving based on instinctual feeling rather than analytical reasoning.
Thinking Style
The characteristic manner by which an individual processes information, makes decisions, and solves problems, often influenced by cognitive and personality factors.
Nonprogrammed Decisions
Decisions made to handle unique, non-recurring or novel situations, often requiring creative problem-solving.
Programmed Decisions
Decisions that are routine and repetitive, often made using predetermined rules or policies.
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