Which of the Following Decision-Making Activities Tends to Make the Most

question 24

Multiple Choice

Which of the following decision-making activities tends to make the most use of tacit knowledge?

• A)Decision support systems
• B)Escalation of commitment
• C)Intuition
• D)Both intuition and data mining
• E)Data mining

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Definitions:

Coinsurance

An insurance policy provision under which the insurer and the insured share costs, after the deductible is met, according to a specific formula.

Insured

A person or entity covered by an insurance policy, protecting them against financial loss from specified risks.

Insurer

A company or entity that provides insurance coverage to policyholders in exchange for premiums.

Deductible

An amount that a policyholder must pay out of pocket before an insurance company will cover any expenses.