Examlex
Most organizations create and use their own database management system (DBMS)products.
Evaluate Decision Outcomes
The process of assessing the results of decision-making by analyzing the extent to which intended goals were achieved and understanding the impact of the decisions.
Preferred Solution
The most desired outcome or method for solving a problem or addressing a situation, often chosen based on effectiveness and feasibility.
Ambiguity
Ambiguity refers to the quality of being open to more than one interpretation, lack of clarity or definiteness, which can lead to confusion or misunderstanding in communication or decision-making.
Bounded Rationality
The concept that decision-making is limited by the information available, cognitive limitations of the mind, and the finite amount of time available to make a decision.
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