Author Question: Which of the following describes how the Simon framework of decision-making works in high-velocity ... (Read 151 times)

burton19126 · **on:** Jul 7, 2018

Which of the following describes how the Simon framework of decision-making works in high-velocity decision environments?

A) Only the initial step is performed by the software; the final three steps are handled by humans.
B) The first two steps of Simon's framework are eliminated and the final two steps are handled by software algorithms.
C) The first three steps of the process are handled by software algorithms and the final step is handled by experienced managers.
D) All four steps are performed by humans with the support of high-speed, high-volume DSS and ESS.
E) All four steps of the process are handled by software algorithms; humans are eliminated from the decisions because they are too slow.

Question 2

The Internet enables ________ marketing, by leveraging the fact that there is always some demand, however small, for a product.

A) long-tail
B) behavioral
C) crowdsource
D) prediction
E) lead generation