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Making decisions on the basis of experience, feelings and accumulated judgement is called as __________.
  • a)
    Decision making
  • b)
    Structured problems
  • c)
    Intuitive decision making
  • d)
    None of the above
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Making decisions on the basis of experience, feelings and accumulated ...
Intuitive Decision Making

Intuitive decision making is a process of making decisions based on experience, feelings, and accumulated judgment. This type of decision-making is often used when a person has a high level of expertise in a particular area, and they can use their intuition to make decisions quickly and effectively.

Intuitive decision making involves taking a holistic approach to decision-making, taking into account all the available information, both tangible and intangible, and using this information to make a decision that feels right. This type of decision-making is often used in situations where there is a high level of uncertainty or ambiguity, and where there is no obvious solution.

Advantages of Intuitive Decision Making:

1. Quick and Efficient: Intuitive decision making is often quick and efficient, as it allows individuals to make decisions based on their past experiences and accumulated knowledge.

2. Effective in Ambiguous Situations: Intuitive decision making is particularly effective in situations where there is a high level of ambiguity or uncertainty.

3. Can Result in Innovative Solutions: Intuitive decision making can also result in innovative solutions, as it allows individuals to think outside the box and consider new and creative solutions to problems.

Disadvantages of Intuitive Decision Making:

1. Limited by Personal Bias: Intuitive decision making is limited by personal bias, as individuals may be influenced by their own beliefs, values, and experiences.

2. Lack of Objectivity: Intuitive decision making may also lack objectivity, as it is based on personal interpretation and judgment.

3. Not Suitable for Complex Decisions: Intuitive decision making may not be suitable for complex decisions, where a more structured approach may be necessary.

Conclusion:

Intuitive decision making is a valuable tool for making quick and efficient decisions in uncertain or ambiguous situations. However, it is important to be aware of its limitations and to use a structured approach when necessary.
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Community Answer
Making decisions on the basis of experience, feelings and accumulated ...
It defined as a non- sequential information processing mode.
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