A Software Package Developed to Handle Information Requirements for a Specific

question 56

True/False

A software package developed to handle information requirements for a specific type of business is called a horizontal application.​

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Definitions:

Representativeness Heuristic

A mental shortcut that involves judging the likelihood of an event by comparing it to an existing prototype in our minds.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a given person's mind when evaluating a specific topic or decision.

Compensatory Decision Modeling

This is an approach in decision-making research that assumes individuals compensate for weaker aspects of one option with stronger aspects of another when making complex choices.

Representativeness Heuristic

A cognitive shortcut that involves making judgments based on how much one thing resembles another.