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Nonprogrammed Decisions
Decisions that are made in response to novel, unstructured, and infrequent problems that require a custom-tailored solution.
Situational Decisions
Decisions made based on the specific context or circumstances at hand, where different factors or conditions can lead to different outcomes.
Escalation of Commitment
A behavior pattern in which an individual or group continues to invest in a decision despite evidence of its ineffectiveness or failure.
Economic
Pertaining to the production, distribution, and consumption of goods and services, as well as the management of financial resources in a community or society.
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