WHICH STATEMENT BEST DESCRIBES INTUITION

73) - TEST BANK FOR STRATEGIC MANAGEMENT A COMPETITIVE ADVANTAGE APPROACH 14TH EDITION BY DAVID
TEST BANK FOR STRATEGIC MANAGEMENT A COMPETITIVE ADVANTAGE APPROACH 14TH EDITION BY DAVID
73) Which statement best describes intuition?A) It represents the marginal factor in decision-making.B) It represents a minor factor in decision-making integrated with analysis.C) It should be coupled with analysis in decision-making.D) It is better than analysis in decision-making.E) It is management by ignorance.Answer: CDiff: 2 Page Ref: 7AACSB: Reflective Thinking SkillsObjective: 1.02 Explain the need for integrating analysis and intuition in strategic management.Learning Outcome: Define strategic management and identify its basic concepts