Your Boss Is Giving a Speech on Decision Making and Would

question 12

Essay

Your boss is giving a speech on decision making and would like some scientific evidence about using intuition.Is intuitive decision making reliable? Explain.

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Definitions:

Declarative Memory

A type of long-term memory that involves the recall of specific facts and events which can be verbally stated or "declared."

Short-term Memory

A capacity for holding a small amount of information in an active, readily available state for a short period.

Working Memory

A cognitive system responsible for temporarily holding information available for processing, essential for reasoning and guidance of decision-making and behavior.

Recognition

The cognitive process of identifying and acknowledging something as having been previously seen, heard, known, or experienced.