Asked by Breanna Sauceda on Jul 14, 2024
Verified
Which statement best describes effective decision making
A) Effective decision making always requires careful analysis of the alternatives
B) Effective decision making always involves thoughtful deliberation
C) Effective decision making may be fast and use frugal heuristics
D) Intuition is not a reliable or effective strategy for making effective decisions.
Frugal Heuristics
Cognitive shortcuts or rules of thumb that simplify decision making.
Effective Decision Making
The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions to achieve a goal.
Thoughtful Deliberation
A process of carefully considering and reflecting on various options or aspects of a situation before making a decision.
- Observe various cognitive shortcuts and biases that affect how decisions are made.
Verified Answer
Learning Objectives
- Observe various cognitive shortcuts and biases that affect how decisions are made.
Related questions
What Is the Term for Basing the Estimated Probability of ...
According to Herbert Simon,people Do Not Always Live Up to ...
Elisa Is Entering Survey Data from Adult Males in a ...
Zackary's Friend Asks How Well Zackary Gets Along with His ...
Fatal Automobile Accidents Occur Much More Frequently Than Do Fatal ...