QTH U4

Which term best characterizes a decision that has bounded rationality?

Which of the following is the best definition for the word satisfice?

A person who satisfices fails to ________.

Escalation of commitment can occur when people don't ________.

Which of the following is NOT a way in which intuition guides people who are making decisions?

Emotions and feelings ________ decision making.

Structured problems are ________.

Unstructured problems are ________.

Which of the following is an example of a structured problem?

Structured problems typically have ________ while unstructured problems typically have ________.