What Sources of Evidence Are Most Useful at the Information

question 203

Multiple Choice

What sources of evidence are most useful at the information search and solution evaluation stages of the decision cycle?

• A)Harder sources of evidence
• B)Expert judgment
• C)Professional judgment
• D)Softer sources of evidence
• E)Management judgment

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Definitions:

Losses

The shortfall that occurs when total costs exceed total revenues in a business operation, resulting in negative profit.

Availability Heuristic

A cognitive shortcut based on the first examples that spring to mind when considering a particular subject, idea, strategy, or choice.

Gun Violence

Refers to the use of firearms to commit violence or harm, including homicides, suicides, and accidental shootings.

Probability

A measure of the likelihood of a specific event or outcome to occur, expressed as a number between 0 and 1.