Multiple Choice
Rules of thumb that managers use to simplify decision making are called ________.
A) intuition
B) heuristics
C) satisficing
D) bounded rationality
Correct Answer:

Verified
Correct Answer:
Verified
Q60: Highly reliable organizations (HROs) are easily tricked
Q134: Which of the following is a habit
Q136: Which of the following best describes "maximizing
Q137: Which step in the decision-making process involves
Q138: An increased commitment to a previous decision
Q140: Nonprogrammed decisions are best described as _.<br>A)recurring
Q141: _ is using math modelling,and predictive algorithms
Q142: A(n)_ occurs when decision makers think they
Q143: Management Decisions: Declining Income (Scenario)<br>Net income has
Q144: Decision-Making Conditions: Keep on Truckin' (Scenario)<br>Fiona Lui