Practice Intuitive Decisions (12.2.3.2) - Decision-Making in Organizations
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Intuitive Decisions

Practice - Intuitive Decisions

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

Define intuitive decision-making.

💡 Hint: Think of a decision you made without data.

Question 2 Easy

What is satisficing in decision-making?

💡 Hint: Consider a time you made a choice that was good enough.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is intuitive decision-making?

A decision-making process based solely on logical analysis.
A decision-making that relies on personal instincts and experiences.
A decision-making approach that avoids all data.

💡 Hint: Remember the role of instincts.

Question 2

True or False: Intuition should replace analytical approaches in decision-making.

True
False

💡 Hint: Think about how best practices advise mixing intuition with data.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Provide a detailed analysis of how a company can balance intuitive and data-driven decision-making in a crisis. Illustrate with relevant examples.

💡 Hint: Consider instances where quick responses are key.

Challenge 2 Hard

Explore a historical case study highlighting the impact of cognitive biases on a major business decision.

💡 Hint: Research past corporate misjudgments caused by biases.

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