Redetermining
The act of reassessing, recalculating, or reevaluating something to arrive at a new conclusion or decision. This often involves revisiting existing information, criteria, or parameters to produce a revised outcome. redetermining implies that the initial determination was either flawed, incomplete, or subject to changed circumstances, necessitating a fresh appraisal. The process can apply to anything from financial forecasts and legal judgments to scientific analyses and personal goals, reflecting a commitment to accuracy and adaptability. It is an active and iterative process, essential for sound judgment.
Redetermining meaning with examples
- Following a market analysis, the company decided to focus on improving the product before launching, redetermining the target launch date. This allowed them to include more customer data, which improved the quality of their launch plan. The company also re-allocated budget resources and marketing strategies.
- The judge, after receiving new evidence, acknowledged some doubt in the existing ruling and decided to spend a day redetermining the sentence for the defendant. This led to the release of the suspect and they were allowed to go free without any further penalties.
- Researchers, faced with contradictory data, spent months redetermining their initial conclusions regarding the effectiveness of the new medicine, running more tests, and adjusting parameters. Their findings were finally peer reviewed and updated in a new journal publication.
- When sales missed projections, the manager met with the team, redetermining the goals and key performance indicators to reflect new realities, setting a new and achievable targets. This led to an intense evaluation and adjustment of strategies for sales.
- Given the inflation, the financial advisor spent time redetermining the client's retirement investment portfolio, recommending adjusted asset allocations to mitigate risks and optimize returns over the client's period of retirement. The client agreed with the changes.