Programmed Decisions Are Made in Response to Unusual or Novel

question 69

True/False

Programmed decisions are made in response to unusual or novel opportunities and threats.

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Definitions:

Competitive Advantage

The attributes or conditions that allow a company to produce goods or services better or more cheaply than its rivals, leading to preferred market status.

Creative Thinking

The ability to think in novel and unusual ways and to come up with fresh solutions to problems.

Multiunit Organizations

Organizations that operate in multiple locations or units, often with a degree of autonomy in each unit.

New-Product Development

The process of bringing a new product to the market, encompassing ideation, design, production, and marketing.