Boundaries are components of a system that provide information that is used to make corrections or improvements in transformation processes.
Indicate whether the statement is true or false
Question 2
When attempting to predict the future, managers will tend to take shortcuts because they do not have perfect knowledge. These simple guidelines based on experience are called ________.
A) heuristics
B) self-serving biases
C) hubris
D) risk-avoidance behaviors
E) reservations