Intuitive Thinking Tends to Work Best in Situations Where Facts

question 121

True/False

Intuitive thinking tends to work best in situations where facts are limited and few decision precedents exist.

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Definitions:

Business Practices

customary, habitual methods of operation that are engaged in by businesses.

Deculturation Strategy

A process of reducing or eliminating the cultural characteristics of a group or society, often in the context of mergers and acquisitions or colonization.

External Environment

Factors outside an organization that can impact its operation, including economic, technological, legal, and cultural elements.

Weak Cultures

Refers to organizational cultures that have loosely defined values and norms, resulting in less uniformity in employee behavior and potentially affecting consistency and performance.