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Practice Questions
Test your understanding with targeted questions related to the topic.
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.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
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.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
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.
Question 2
Explore a historical case study highlighting the impact of cognitive biases on a major business decision.
💡 Hint: Research past corporate misjudgments caused by biases.
Challenge and get performance evaluation