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What Are the Steps Taken in the Basis Technology Cash

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What are the steps taken in the basis technology cash disbursement system?


Definitions:

Satisficing

A decision-making strategy that involves choosing an option that meets a minimum level of satisfaction rather than the optimal solution.

Not-invented-here Bias

A mindset or culture within an organization that undervalues or disregards ideas, products, or solutions simply because they originate from external sources.

Ill-Structured Problem

A problem for which the existing and desired states are unclear and the method of getting to the desired state is unknown.

Confirmation Bias

The tendency to search for, interpret, favor, and remember information in a way that confirms one's preexisting beliefs or hypotheses.

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