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________ Is the Ability to Gain, Store, and Retain Information

question 45

Multiple Choice

________ is the ability to gain, store, and retain information in the brain for later application.


Definitions:

Decision Maker

An individual or group responsible for making choices or judgments based on available information, aiming to achieve the best possible outcome.

Bounded Rationality

A theory that suggests that there are limits to how rational a decision maker can actually be.

Heuristics

Shortcuts in decision making that save mental activity.

Decision Making

The cognitive process of selecting a course of action from multiple alternatives, typically aimed at achieving a specific goal or solving a problem.

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