The correct answer is: B. structured
A structured decision is a routine one that’s made following the completion of a preplanned series of steps. This type of decision is often made in response to a recurring problem or issue. For example, a company might have a structured decision-making process for approving new product launches. This process would likely involve a series of steps, such as conducting market research, developing a business plan, and creating a marketing strategy. Once all of these steps have been completed, the company would then make a decision about whether or not to launch the new product.
A strategic decision is a high-level decision that affects the long-term direction of an organization. These decisions are often made by senior management and require careful consideration of all possible options. For example, a company might make a strategic decision to enter a new market or to acquire another company. These decisions can have a significant impact on the company’s future success.
A simulation is a model that is used to test the effects of different decisions. Simulations can be used to make decisions about a variety of issues, such as the design of a new product or the location of a new factory. Simulations can help to identify potential problems and to improve the chances of making a successful decision.
A tactical decision is a short-term decision that is made in response to a specific situation. These decisions are often made by middle management and require quick thinking and action. For example, a company might make a tactical decision to increase production in response to an increase in demand. These decisions can help to ensure that the company is able to meet its short-term goals.
E. None of the above is not a correct answer.