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A decision to enter a new market, despite being profitable in the current market, is an example of which type of decision?

1. Creative decision
2. Opportunity decisions
3. Active decision
4. Passive decision

Correct answer: Opportunity decisions

Solution

An opportunity decision is made when a person or firm chooses to pursue a new favorable possibility, such as entering a new market. It is not merely a response to a problem, so it is different from passive or corrective decisions.

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