Author Question: Compared to fully rational decision making, what is a major advantage of intuitive decision making? ... (Read 174 times)

colton

  • Hero Member
  • *****
  • Posts: 627
Compared to fully rational decision making, what is a major advantage of intuitive decision making?
 
  A) total reliability
  B) fully quantified
  C) thoroughness
  D) speed

Question 2

Which of the following is the best definition for the word satisfice?
 
  A) very satisfying
  B) not sufficient
  C) accepts a less than perfect solution
  D) requires a perfect solution


Sweetkitty24130

  • Sr. Member
  • ****
  • Posts: 291
Answer to Question 1

Answer: D
Explanation: Intuitive decision making is somewhat reliable, but definitely not totally reliable, eliminating that choice. Intuitive decision making is not at all thorough. In fact, it is often employed as a shortcut in decision making. Since the process is never spelled out on paper in terms of numbers and values, intuitive decision making is almost never quantified. Intuitive reasoning is fast, often because decision makers are using years of experience to make a single judgment.

Answer to Question 2

Answer: C
Explanation: When you satisfice you are accepting a good enough or less than perfect solution to a problem. Not sufficient is incorrect because satisficing is often sufficient to solve a problem. Very satisfying is wrong because though satisfice sounds like satisfy, it has nothing to do with that word. Finally, requires a perfect solution is incorrect because the term does not require the perfect solution, but rather a compromise on perfection.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

For a complete list of videos, visit our video library