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Terry needs to make the decision to reduce the amount of money spent on employee salaries of sales staff. Due to time urgency and limited
Terry needs to make the decision to reduce the amount of money spent on employee salaries of sales staff. Due to time urgency and limited information, Terry made an acceptable decision, but not the best decision. Which term best describes Terry's decision-making?
- irrational
- intuition
- satisfice
- hindsight bias
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