Simple rules that guide in making complex decisions are known as
A) perception.
B) sunk costs.
C) heuristics.
D) creativity analysis.
E) planning fallacy.

Question

Quizplus · Accepted Answer

Simple rules that guide in making complex decisions are known as heuristics. It is a mental shortcut that allows individuals to make decisions quickly by using limited information and minimal mental effort. It is helpful in cases where there is a time constraint or limited information. However, heuristics may also lead to errors and biases in decision-making.

Simple Rules That Guide in Making Complex Decisions Are Known