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The first step in the model of business problem solving discussed in the chapter is:
Short-Term Memory Capacity
The amount of information that can be held in the mind briefly, typically for about 20 to 30 seconds.
Between 5 and 9 Items
Refers to the average number of objects an adult can hold in working memory, often cited in psychological literature.
Approximately 10 to 12 Items
An estimate indicating a range or quantity that is near but not exactly between 10 and 12 entities.
Working Memory
A mental framework that temporarily stores information for processing, crucial for logical thinking, guiding decisions, and influencing actions.
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