regulatoryBody NABARD Grade A Prelims Mock Test 2024 Management Concepts of Management Decision Making
Which of the following best defines "Heuristic" in the context of decision-making?
1
A systematic approach to solving a problem
2
A methodical, step-by-step process for decision-making
3
A mental shortcut that simplifies decision-making
4
A decision-making model based on statistical analysis
5
A technique used to ensure optimal solutions