Question: when managers make decisions, they not only use their own particular style but also may use rules of thumb or judgmental shortcuts called heuristics to

when managers make decisions, they not only use their own particular style but also may use "rules of thumb" or judgmental shortcuts called heuristics to simplify their decision making. However, rules of thumb are not necessarily reliable and can lead managers into error while processing and evaluting information. List some of these errors and discuss at least three of them.

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