Rules of Thumb That Managers Use to Simplify Decision-Making Are

question 37

Multiple Choice

Rules of thumb that managers use to simplify decision-making are called __________.

• A) intuition
• B) heuristics
• C) rules
• D) policies
• E) procedures

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Definitions:

Church and State

Refers to the relationship and boundaries between organized religion and the nation's government, often emphasizing the principle of separation to ensure religious freedom.

Massachusetts Bay

A region in the northeastern United States, known for the establishment of one of the earliest and most significant English colonies in the 17th century.

Indentured Servants

Individuals who agreed to work for a set period of time, without pay, in exchange for transportation to a new country, lodging, and food.