A Rule of Thumb That May or May Not Lead

question 34

Multiple Choice

A rule of thumb that may or may not lead to the solution of a problem is

• A)heuristic
• B)an algorithm
• C)a coping strategy
• D)a functional fixation

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Definitions:

Carriers

Companies that provide transportation services for goods, typically including freight companies, airlines, and shipping lines.

Competition

The rivalry between businesses or suppliers to attract customers and achieve higher sales, often leading to innovation and better quality offerings.

Modal Selection

The process of choosing the most appropriate mode of transportation for goods based on factors like cost, distance, and product type.

Determinants

Factors or conditions that exert influence on the outcome of a process or the characteristics of an entity.