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    Essentials of Contemporary Management Study Set 5
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    Exam 3: Managing Decision Making
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    Rules of Thumb That Simplify Decision Making Are Known As
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Rules of Thumb That Simplify Decision Making Are Known As

Question 108

Question 108

Multiple Choice

Rules of thumb that simplify decision making are known as:


A) heuristics
B) prior hypothesis bias
C) representative bias
D) illusion of control and overconfidence bias
E) systematic errors

Correct Answer:

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