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Mental shortcuts managers use to reach routine decisions quickly are called:
AHeuristics
BHypotheses
CHierarchies
DHistograms
Answer & Solution
Correct answer: A. Heuristics
1. They save time for the decision maker.
2. They give a good, not always optimal, answer.
3. They are heuristics.
_Source: OpenStax Principles of Management, Chapter 2, Managerial Decision-Making._
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