Examlex
When McDonald's studies the drive-through operations of Burger King, they are engaging in competitive benchmarking.
Basic Differences
Fundamental dissimilarities between entities or concepts that distinguish them from one another.
Nonprogrammed Decisions
Choices responding to unique scenarios that are not clearly defined, mostly unstructured, and carry significant implications for the organization.
Programmed Decisions
Decisions that are routine and repetitive, often made using standard methodologies or procedures.
Rational Decision Model
A decision-making process that involves logical and systematic steps based on objective data and analysis rather than intuition or emotion.
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