Making decisions by the use of mental short cuts that focus on one aspect of a problem, while ignoring others refers to which one of the following?
Decision Making: Understanding Mental Shortcuts
The question describes a cognitive process where individuals use mental shortcuts to simplify decision-making or problem-solving. This method involves focusing selectively on certain aspects of a situation while disregarding other potentially relevant information.
Defining Heuristics
This strategy of using mental shortcuts is known as Heuristics. Heuristics are essentially rules of thumb or mental shortcuts that allow people to make decisions and solve problems quickly and efficiently. While often useful, they can sometimes lead to errors because they simplify reality by ignoring certain information.
Analyzing Other Options
- Framing: This refers to how a question or problem is presented, influencing the decision made, rather than the shortcut itself.
- Belief perseverance: This is the tendency to cling to one's initial beliefs even after receiving new information that contradicts or disconfirms them.
- Mental set: This involves a tendency to approach problems in a specific, often pre-determined way, based on past experiences, rather than a general shortcut.
Therefore, the description most accurately matches Heuristics.
Important Questions from Problem Solving
Six numbers, 7, 8, 9, 10, 11 and 12 are written on different faces of a dice. Three positions of this dice are shown here. Find the number on the face opposite 12.
Select the set in which the numbers are related in the same way as are the numbers of the following sets.
(NOTE: Operations should be performed on the whole numbers, without breaking down the numbers into its constituent digits. E.g. 13 - Operations on 13 such as adding/subtracting/multiplying etc. to 13 can be performed. Breaking down 13 into 1 and 3 and then performing mathematical operations on 1 and 3 is not allowed.)
(84, 73, 157) (96, 88, 184)
Rahul invests his savings, which is Rs. 25,000 in his bank that pays 7 per cent annual interest. How much will he earn by way of interest in one year?
Which two signs need to be interchanged to make the following equation correct? 5 × 4 + 12 - 3 ÷ 6 = 18
In a company there are 3 departments - IT, HR and Help Desk. In the IT department there are 125 employees and in the HR department the number of employees is 1/5th of IT. The helpdesk department has 20 employees less than total employees in IT and HR together. What is the total number of employees working in all three departments?
