Intuition Relies on Which of the Following

question 75

Multiple Choice

Intuition relies on which of the following?

• A)Escalation of commitment
• B)Satisficing
• C)Bounded rationality
• D)Post-decisional justification
• E)Tacit knowledge

---

Definitions:

Business Managers

Individuals responsible for planning, organizing, leading, and overseeing the activities and operations in an organization.

Form Teams

The process of creating groups of individuals to work together towards a common goal or project.

Trade Offs

The concept of giving up one benefit or advantage in order to gain another considered more desirable.

Group Diversity

The presence of a wide range of variation in qualities among members of a group, such as age, gender, ethnic background, and socio-economic status.