Which of the Following Represents Pitfalls Associated with Using Judgmental

question 6

Multiple Choice

Which of the following represents pitfalls associated with using judgmental heuristics in decision making?

• A) It leads to a huge increase in information-processing demands.
• B) It leads to systematic errors that erode the quality of decisions.
• C) It is used without conscious awareness.
• D) It increases the uncertainty inherent in the decision-making process.
• E) It helps decision makers to evaluate current problems.

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Definitions:

Comparative

Relating to or involving the comparison of two or more entities to assess their similarities and differences.

Key Indicator

A quantitative metric that provides insight into the performance, health, or progress of a process, operation, or system.

SAP

Systems, Applications & Products in Data Processing, a European multinational software corporation that makes enterprise software to manage business operations and customer relations.

IBM

International Business Machines, a multinational technology company known for its computer hardware, software, and IT services.