Examlex
A sample that does not provide a good representation of the population from which it was collected is referred to as a (n)_____sample.
Uncertain Environment
An environment that lacks so much information that it is difficult to assign probabilities to the likely outcomes of alternatives.
Probabilities
The measure of the likelihood that an event will occur, often expressed as a number between 0 and 1.
Nonprogrammed Decision
A decision made in response to situations that are unique, relatively unstructured, and undefined, often requiring creative problem-solving.
New Market
Refers to either a completely unexplored market sector or geographic area where a product, service, or business can expand.
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