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Q: What are situation a company should make decision without research?
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Is it possible to make sound managerial decision without business research?

yes


What is the meaning of unwanted situation?

The unwanted situation means the company declining stage, inflation of the particular product, the company lose the market for without facing the competition etc.,


Why does a government issue a patent to get a monopoly?

The company can then profit from their research without competition.


Why does the government sometimes give monopoly the power to a company by issuing a patent?

The company can then profit from their research without competition.


Why does the government sometimes give monopoly power to a company issuing a patent?

The company can then profit from their research without competition.


Ibentify major types of buying situation?

There are three types of buying situations.· At one extreme is the Straight rebuy, which is a fairly routine decision.· At the other extreme is the new task, which may call for thorough research.· In the middle is the modified rebuy, which requires some research.New task: is a purchase decision that requires thorough research such as a new product.Straight rebuy: is a routine purchase decision such as a reorder without any modification.Modified rebuy: is a purchase decision that requires some research where the buyer wants to modify the product specification, price, terms, or suppliers.


What are research questions that seek information about what is going on or what exists are called?

Descriptive research questions seek information about what is going on or what exists in a particular situation. They aim to describe the characteristics of a phenomenon without manipulating variables.


Can a judge research a case after hearing it?

Yes, absolutely. How do you think that a judge arrives at an appropriate decision or sentence without researching the background of the case and that of the defendant?


Must a research participant complete the study after the informed consent for a research study is given?

No, a research participant has the right to withdraw from a study at any point even after giving informed consent. Researchers should respect the participant's decision to withdraw without any negative consequences.


The lack of proper marketing research can be the reason for the failure of the new version of any product?

Yes, without proper research, the marketing team can get it wrong. This can lead to the company losing millions in revenue.


Can your company downgrade your hourly pay without speaking to you about it?

In 1974 the board of directors of the public utility company I was working for reduced everyone's salary by 5%. We were told after the decision was made. We were not happy campers as you can imagine.


What does without cause mean?

"Without cause" typically refers to a situation in which there is no specific reason or justification for a particular action or decision. For example, being terminated from a job without cause implies that there was no valid reason provided for the termination.