Which term best characterizes a decision that has bounded rationality?
QTH U4
12th Grade
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QTH U4
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12th Grade
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63 questions
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1.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
2.
OPEN ENDED QUESTION
3 mins • 1 pt
Which of the following is the best definition for the word satisfice?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
A person who satisfices fails to ________.
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
Escalation of commitment can occur when people don't ________.
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
Which of the following is NOT a way in which intuition guides people who are making decisions?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
Emotions and feelings ________ decision making.
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
Structured problems are ________.
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