Many managers use simplifying strategies or "rules of thumb" as a means of making it easier to deal with uncertainty and limited information in problem situations. These simplifying strategies are called __________.

Rules of Thumb

Simple, heuristic principles or guidelines that provide practical advice for making quick, approximate decisions or solving problems.

Uncertainty

The condition of being unsure about something or lacking complete information or knowledge about outcomes, often leading to hesitation or caution in decision-making.