The Process of Making Higher Quality Business Decisions Requires Each

question 27

Multiple Choice

The process of making higher quality business decisions requires each of the following except:

• A) Distinguishing between relevant and irrelevant information
• B) Recognising and evaluating assumptions
• C) Relying on gut instinct to make decisions more quickly
• D) Considering organisational values and core competencies

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Definitions:

Specific Assumptions

Specific Assumptions are explicit beliefs or statements taken as true within a particular context or model, serving as a foundation for reasoning or decision-making.

Absolute Assumptions

Premises considered to be universally true without any need for proof, often used as foundational concepts in philosophy or logic.

Eating Pattern

The habitual dietary habits, choices, and behaviors of an individual or group.

Modeling

A method used in psychology and education where individuals learn through observation and imitation of others' behaviors, attitudes, or emotional expressions.