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Decision making is selection (or choosing) of a course of action from among two or more possible alternatives to arrive at a solution for a given problem. As such, it is a selective process. Decision making is the end product because it is preceded by discussions and deliberations Decision making is based on rational thinking. The manager tries to contemplate various possible effects of a decision, before deciding a particular one. It is thus, an intellectual process. Decision making is done in context of a situation and thus, it may vary from situation to situation. It is thus, situational.
Consumers have an obligation to _____ in the exchange process and in the use and disposition of products.
Three types of companies populate and compete in the global marketplace: international firms, multinational firms, and _____ firms.
The model of the modern complex marketing system outlines that _______ participate(s) and facilitate(s) a firm’s marketing function.
What is the role of households in an economy?
Wikipedia has a(n) __________ degree of self-disclosure.
Smaeera wants to go for a massage to ease her back pain but he fears that it cannot be tried and felt like a pair of jeans before buying, She is concern...
What is the primary purpose of LinkedIn?
Value-pricing is:
Examples of possible barriers to entry include all of the following with the exception of:
Which of the following is NOT a criterion used for selecting a market segment?