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A passage implies that managerial intuition and hunch play an important role in decision making alongside or beyond conventional structured planning. Which of the following statements are correctly implied? 1. Managers should only stick to reasoning based on intricate planning. 2. Intuition remains an unreliable ally when it comes to long term decision making. 3. Decision making of business leaders often relies on hunch. 4. The conventional view about decision making doesn't seem to add up to reality.