Judgment is the capacity for making a successful decision when:
A) there are multiple decision criteria.
B) no obviously correct model or rule is available.
C) cognitive biases create barriers to rationality.
D) there are contradictions between the firm's vision and its implemented strategy.

Question

Quizplus · Accepted Answer

Judgment is particularly crucial when there is no clearly correct model or rule to follow, requiring individuals to rely on their ability to assess situations and make decisions based on available information and experience.

Judgment Is the Capacity for Making a Successful Decision When