All of the Following Are Situations When It Would Be

question 201

Multiple Choice

All of the following are situations when it would be appropriate to use a heuristic EXCEPT

• A) when a decision has to be made quickly.
• B) when a decision has to be made with limited information.
• C) when a decision must be the right one.
• D) when you can't go through Polya's four steps for solving a problem.

---

Definitions:

Information Systems

Systems designed to collect, process, store, and distribute information, facilitating decision-making and coordination within organizations.

Budgeting

The process of creating a plan to spend your money, which entails allocating resources to various functions based on projected revenues and expenses.

Organisational Goals

Objectives that a company or an organization aims to achieve, which guide its internal decision-making processes.

Control Operations

Activities or procedures implemented to monitor and regulate processes and ensure they meet performance standards.