Critical of the more formal decision-making analyses, there are many advocates of __________, who suggest that managers should trust their feelings and experiences more often.
A) bounded rationality
B) intuition
C) reserve vigilance
D) satisficing
E) cognitive limitation theory

Question

Quizplus · Accepted Answer

Intuition is the term that refers to relying on one's feelings and experiences for decision-making, as opposed to strictly formal or analytical methods. Advocates of intuition suggest that managers can benefit from trusting their gut feelings and past experiences when making decisions.

Critical of the More Formal Decision-Making Analyses, There Are Many