Gregory was talking with Kareem, his assistant manager, saying, "When I make a decision on which employees will do a project, I use three simple factors, which I call my decision-making 'rules of thumb.' I consider their attitude and knowledge, and how hard they work." Gregory's rules of thumb, _________, is what he uses when making a decision.
A. thought steps
B. decision steps
C. planning model
D. the domino effect
E. heuristics
E. heuristics
Heuristics are rules of thumb, or strategies, that simplify the process of making decisions.
You might also like to view...
Partners have a duty to account for any expenditure of partnership funds they make.
Answer the following statement true (T) or false (F)
____________________ is a powerful creativity tool you can use to generate ideas and alternatives.
Fill in the blank(s) with the appropriate word(s).
The price of a concrete pump purchased by Dolan Pumping was $42,500. It cost $1,200 for delivery. The salvage value at the end of 7 years is $7,200. Using the 150% declining-balance depreciation method, calculate the book value at the end of year 2. (Round the declining-balance rate to 4 decimal places, and all dollar amounts to the nearest cent)
A) $26,977.08 B) $28,674.66 C) $24,626.48 D) $27,572.44
How do the percent of revenue method and the percent of receivables method to estimate uncollectible accounts expense differ?
What will be an ideal response?