Multiple Choice
John, a top executive, is in a situation where he has to quickly decide between two projects that came in simultaneously from two major clients. Since his team is not big enough to complete both projects at a time, he cannot accept both. He has a hunch and just like that accepts one of the clients' projects without any considerations. This scenario is an example of
A) rational decision making.
B) bounded rationality.
C) intuitive decision making.
D) context-independent decisions.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Intuitive decision making often emerges from subconscious
Q13: Which of the following models does not
Q14: A model of decision making that seeks
Q15: Which of the following is the first
Q16: Which of the following is the last
Q18: Rules of thumb or short-cuts that individuals
Q19: In an attempt to spark innovation and
Q21: The classical model of decision making seeks
Q22: Define the theory of rational choice and
Q29: Describe confirmation bias.