If you can follow a definite procedure to make a business decision, you are making a(n) E) structured decision.
A structured decision-making process follows some defined processes.
A set of predetermined steps are always followed such that solutions to business problems rely less on intuition or personal judgment.
Another characteristic of structured decision-making is that decisions are straightforward, returning the same solution every time.
However, a good decision-making process should result in a large monetary value for the firm with improved efficiency, production, costs, and more added values.
A) ad-hoc
B) procedural
C) unstructured
D) semi-structured
E) structured
Thus, if you can follow a definite procedure to make a business decision, you are making a(n) E) structured decision.
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