When Is Fast Thinking Most Likely to Be Good Thinking

question 29

Multiple Choice

When is fast thinking most likely to be good thinking?

• A) When it is done by people in new situations, solving new problems they have not encountered before
• B) When it is based on emotions
• C) When done by an expert with thousands of hours of experience and thinking
• D) When it saves us time
• E) All of the above

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Definitions:

Union Leader

An individual who represents and defends the interests of a group of workers, helping to negotiate terms of employment such as wages and working conditions with employers.

Strategic View

An approach to decision-making that considers the long-term direction and implications of actions taken by an organization.

Bargaining

The negotiation process between two or more parties to reach a mutually acceptable agreement.

Game Theory

A theoretical framework for conceiving social situations among competing players, in which the outcome of a participant's choice of action depends critically on the actions of other participants.