If a decision could have been made without research, how is the value of the research typically characterized?

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Prepare for UCF's QMB3602 Business Research for Decision Making Exam 2. Utilize interactive flashcards and multiple choice questions, complete with detailed explanations. Enhance your exam readiness now!

In the context of business research, if a decision could have been made without the aid of research, the value of that research is typically characterized as negative. This characterization stems from the idea that if a decision does not require research to reach a conclusion, then the resources, time, and effort spent on conducting research are seen as unnecessary and wasted. It suggests that the research did not contribute any additional value to the decision-making process, and therefore, it is viewed unfavorably. Recognizing the negative aspect emphasizes the importance of determining whether research is truly needed for a decision at hand before proceeding, as this can lead to more efficient and effective use of resources in the future.