Senior executives face many ________ decision situations,such as establishing the firm's five- or ten-year goals or deciding new markets to enter.
A)structured
B) unstructured
C)semistructured
D)semiunstructured

Question

Quizplus · Accepted Answer

Unstructured decision situations are those where the decision maker does not have all the information necessary to make a decision, and the information that is available is often ambiguous or incomplete. These types of situations are common for senior executives who are making long-term strategic decisions for their organizations. Structured decisions, on the other hand, are those that involve routine, repetitive, and well-defined procedures. Semistructured and semiunstructured decisions fall somewhere in between, where some aspects of the decision may be well-defined while others are not.

Senior Executives Face Many ________ Decision Situations,such as Establishing the Firm's