Question: The intuitive model relies on past training, experience, and knowledge to arrive at a final decision without conscious reasoning Please JUSTIFY or Agree/Disagree with the

The intuitive model relies on past training, experience, and knowledge to arrive at a final decision without conscious reasoning Please JUSTIFY or Agree/Disagree with the writer or Answer the Following in half page (SHORT NOTE). And please do mention if you are Justifying,Agreeing,Disagreeing or Answering the Following. Thanks

The note should have intext citations. For example, anything with numbers or quotes per paragraph. The intent citation just needs to be the Author's last name and year it was published. Please also include REFERENCES. Thanks

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(Zhang, 2022). An intuitive model is a decision-making approach that relies on a decision maker's instincts, gut feelings, and

personal judgment rather than on formal analysis or structured methodologies. It is often used when decisions need to be made quickly, when there is limited information available, or when the decision-maker has a deep understanding of the situation based on experience.

There are many key characteristics of this model which include subjective judgment, rapid decision-making, limited formal analysis, ambiguity and uncertainty, experience and expertise, and high-stake decisions. In my opinion, one of the most important characteristics is ambiguity and uncertainty. This is because in situations where information is incomplete or unreliable, decision-makers may rely on their intuition to fill in the gaps. Experience and expertise are also the major characteristics of this model because Decision-makers who have a deep understanding of the domain and have accumulated years of experience are more likely to rely on the intuitive model. This experience allows them to recognize patterns, anticipate outcomes, and make judgments based on their intuition.

There are many advantages to the intuitive model. The intuitive model is a great optionwhen making a decision with limited time or resources, as long as the decision-makers are familiar with and experienced in the topic (Zhang, 2022). This model is great when you are needing to expedite intrusive decisions so they can be made quickly, allowing for rapid responses to emerging situations or opportunities.

There are also some limitations to this model, which include risk and error, lack of consistency, and bias and subjectivity. Risk and error can be found in any decision-making process but relying solely on intuition can lead to mistakes if the decision-maker's judgment is flawed or if critical factors are overlooked. Lack of consistency is when decisions being made using the intuitive model might lack consistency and be difficult to replicate or explain to others. And bias tactical and subjectivity can be influenced by cognitive biases, emotions, and personal prejudices, leading to suboptimal outcomes.

Real-life situations where you would use this method could be as simple as choosing where to go to dinner with your friends. Based on your past experiences, personal preferences, and gut feeling, you decide on an Italian restaurant that you've enjoyed in the past. You have a positive memory of the atmosphere, service, and food quality that entice this decision. You end up making this decision based on speed and tactical knowledge but you are also risking your friends not liking the restaurant because you are biased based on the food served and atmosphere.

References:

6 decision-making models for leadership [full list]. Airgram. (n.d.). https://www.airgram.io/blog/decision-making-model

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