Question

Which of the following are true about intuition-based decision-making?

a) It is never the proper approach when the information is accessible to analyze. (True)
b) It is never the correct approach when a more exact choice can be made through information examination True
c) It moves more quickly than data-driven debate. True)

Answer 1

Intuition-based decision-making involves using gut reactions, automatic responses, and heuristics. While not suitable for situations where information is accessible for analysis or when a more precise choice can be made through information examination, it tends to be quicker than data-driven debate.

Step-by-step explanation:

a) It is never the proper approach when the information is accessible to analyze. (False)

b) It is never the correct approach when a more exact choice can be made through information examination. (False)

c) It moves more quickly than data-driven debate. (True)

Intuition-based decision-making involves using gut reactions, automatic responses, and heuristics. While intuition can be helpful in certain situations, it is not the proper approach when information is accessible for analysis or when a more exact choice can be made through information examination. However, intuition-based decision-making often moves more quickly than data-driven debate, making it suitable for situations where time is limited.