- What kind of decisions do you think can be more appropriately made exclusively by past experience, gut feelings or judgment? -Under what kind of circumstances will past experience, gut feelings and judgment tend to work well? -What are the advantages and disadvantages of relying only on past experience, gut feelings and judgment while making strategic decisions? Expand your answer for different types of decisions

Ciccarelli: Psychology_5 (5th Edition)
5th Edition
ISBN:9780134477961
Author:Saundra K. Ciccarelli, J. Noland White
Publisher:Saundra K. Ciccarelli, J. Noland White
Chapter1: The Science Of Psychology
Section: Chapter Questions
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- What kind of decisions do you think can
be more appropriately made exclusively by
past experience, gut feelings or judgment?
-Under what kind of circumstances will
past experience, gut feelings and judgment
tend to work well?
-What are the advantages and
disadvantages of relying only on past
experience, gut feelings and judgment while
making strategic decisions? Expand your
answer for different types of decisions
Transcribed Image Text:- What kind of decisions do you think can be more appropriately made exclusively by past experience, gut feelings or judgment? -Under what kind of circumstances will past experience, gut feelings and judgment tend to work well? -What are the advantages and disadvantages of relying only on past experience, gut feelings and judgment while making strategic decisions? Expand your answer for different types of decisions
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