Thinking about the launching of new products

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Question

While Paul is thinking about the launching of new products and the future skin care for sensitive skin, he became a little skeptical. Paul is not so sure whether it is now a suitable timing to have a strategic plan made for the said future skin care.

(a) With the two approaches you have learnt in Decision Making, determine the correct approach for Paul to apply in decision making. (It's either Programmed or Non programmed).

(b) Discuss FIVE (5) reasons for the choice of approach which you made in (a).

These are some of the points I made, probably could relate to them.

  • Problem seldom-occur
  • Solutions not predictable
  • Unique,complex situation
  • No clearly guided rule
  • Decision made in dynamic environment
  • Higher risk
  • Decision is significant

Reference no: EM133214786

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