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What is a capital investment?
Nonprogrammed Decision
Nonprogrammed decisions are made in response to situations that are unique, poorly defined, and largely unstructured, requiring a bespoke approach.
Intuitive Style
A decision-making approach based on instincts and feelings rather than systematic analysis.
Thinking Style
The particular way an individual processes information and conceptualizes ideas, which can significantly influence decision-making and problem-solving.
Implicit Knowledge
refers to knowledge that is gained through experience and not easily communicated or transferred to others.
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