Objective vs. Subjective:
Objective analysis and information are purely factual and involves no interpretation. Raw numbers such as expenses, debt, revenue, and profit are objective, quantitative data points. Subjective information and points of view are based on interpretation and analysis made by humans. Artificial intelligence algorithms have emerged as popular tools in recent decades for decision-making. These tools typically have a subjective slant since humans created some form of bias in how data is processed.
Strategy analysis and choice largely involve making subjective decisions based on objective information. True or false? Explain your answer.
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