Author Question: Compared to fully rational decision making, what is a major advantage of intuitive decision making? ... (Read 215 times)

colton

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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

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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.



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