Examlex
How would you expect top managers to spend most of their work time?
Satisficing Heuristic
A decision-making strategy that involves searching through the available alternatives until an acceptability threshold is met, rather than seeking the best possible solution.
Design Thinking
An iterative process in solving problems creatively and innovatively by understanding the human needs involved, re-framing the problem in human-centric ways, and adopting a hands-on approach in prototyping and testing.
Problem Solving
The process of identifying a problem, devising alternatives to solve it, and implementing a solution.
Business Intelligence
The use of data analysis tools and methodologies by organizations to make data-driven decisions.
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