Intuitive decision-making ________.
A) is the systematic use of the best available evidence to improve decision-making practice
B) generally results in poor decisions, and hence managers should learn to ignore their gut feelings
C) is only appropriate for simple problems
D) complements rational decision-making but not bounded rational decision-making
E) is the process of making decisions based on experience, feelings, and accumulated judgment

Question

Quizplus · Accepted Answer

Intuitive decision-making is the process of making decisions based on experience, feelings, and accumulated judgment. It complements rational decision-making and can be appropriate for complex problems as well. However, it should be used together with rational decision-making and not as a substitute for it.

Intuitive Decision-Making ________