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Rules of Thumb That Managers Use to Simplify Decision Making

question 16

Multiple Choice

Rules of thumb that managers use to simplify decision making are known as ________.


Definitions:

Flynn Effect

The observed rise in standardized intelligence test scores over the 20th century, suggesting improvements in abstract thinking and problem-solving skills.

Factors

Elements or components that contribute to a result or situation, influencing outcomes in various contexts.

Fluid Intelligence

An aptitude for intelligently tackling and finding solutions to issues in new situations, free from the constraints of learned facts.

Adult Years

The period in human life after adolescence, typically marked by full physical development and maturity.

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