Which type of decision making involves using one's professional judgment based on past experiences rather than sequential logic or explicit reasoning?
A) Bounded rationality
B) Intuitive
C) Reasoned action
D) Garbage Can method
Correct Answer:
Verified
Q1: The rational model is considered the "ideal"
Q2: Framing heuristic is a tendency to make
Q3: When decision quality is not important but
Q4: Managers differ along two dimensions in the
Q5: With training, managers can use all four
Q7: What type of bias is an intuitive
Q8: What are guidelines or "rules of thumb"
Q9: Of the four basic decision styles, which
Q10: Which decision process requests specific information?
A) Autocratic
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