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Manag., July-2016-Q37

0. When highly inter-related variables exist or when it is necessary to choose from several plausible alternatives, which one of the following should the strategist integrate in decision making?

  • Option : B
  • Explanation : Based on past experiences, judgment, and feelings, intuition is essential to making good strategic decisions. Intuition is particularly useful for making decisions in situations of great uncertainty or little precedent. It is also helpful when highly inter-related variables exist when there is immense pressure to be right, or when it is necessary to choose from several plausible alternatives, These situations describe the very nature and heart of strategic management.
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