A Process of Making Decisions by Constructing Simplified Models That

question 6

Multiple Choice

A process of making decisions by constructing simplified models that extract the essential features from problems without capturing all their complexity is known as ________.

• A) optimal decision making
• B) intuitive decision making
• C) bounded rationality
• D) active selection
• E) incremental decision making

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Definitions:

Job Analysis

The process of studying and collecting information regarding the operations and responsibilities of a specific job.

Job Evaluation

A systematic process used to determine the relative worth of jobs within an organization by analyzing their responsibilities, requirements, and complexity.

Job Supervision

The act of overseeing and guiding employees' performance and productivity in their respective roles and tasks.

Information Technology

A sector dedicated to computing technology, its applications, and infrastructure, including hardware, software, and the internet.