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The New Classes That We Create from Existing Classes Are

question 10

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The new classes that we create from existing classes are called ____ classes.


Definitions:

Bounded Rationality

A theory that suggests individuals make decisions based on the limited information available to them and their limited capacity to process this information.

Evidence-Based Management

An approach to managerial decision making and organizational practices based on the critical examination of available evidence and outcomes.

Substituting Facts

The practice of replacing actual data or evidence with alternate information, often to sway opinions or decisions.

Conventional Wisdom

Widely accepted beliefs or notions that are perceived as unquestionable truths in society, regardless of their factual basis.

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