Intuitive Decision Making ________

question 108

Multiple Choice

Intuitive decision making ________.

• A) is the systematic use of the best available evidence to improve decision making practice
• B) generally results in poor decisions and hence managers should learn to ignore their gut feelings
• C) is the process of making decisions based on experience, feelings, and accumulated judgment
• D) complements rational decision making but not bounded rational decision making

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Definitions:

Modern Sense

In contemporary understanding or usage, reflecting recent or current trends and perceptions.

Consumer Goods

Items and products purchased by individuals or households for personal use.

Banana Time

A term from industrial sociology referring to informal break times and rituals that employees use to form social bonds and break the monotony of repetitive tasks.

Work Environment

The setting, conditions, and culture that employees experience within their workplace.