What is extensive decision making ?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter2: Managerial Decision-making
Section2.5: Improving The Quality Of Decision-making
Problem 2CC: What are the six steps in the decision-making process?
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What is extensive decision making ?

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Step 1

Decision making depends mainly on the participation of the customer. There are high participation products and low participation products. Industrial products' participation is higher than commercial products because the amount of investment in industrial products is also substantial.

Step 2

Extensive decision-making: In making this decision, there are no established or set criteria for users to evaluate a product in a particular category. When the product is highly participatory, this type of decision-making process is used, and a high-investment product is possible. Here the number of brands that users want to consider is not reduced, so their decision-making efforts can be categorized as extensive problem-solving.

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