Examlex
Which of the following steps in the innovation process involves building initial models, prototypes, or samples?
Heuristics
Mental shortcuts or rules of thumb that simplify decision-making processes, often used when facing complex problems or incomplete information.
Assign probabilities
The process of attributing a numerical likelihood to the occurrence of specific events, often used in decision-making to evaluate risks and possibilities.
Risk environments
Contexts or situations where there is the presence of significant uncertainty and potential for loss or harm.
Uncertain
The state of being unsure or having doubts, often leading to indecision.
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