What term describes judgments made quickly and without conscious deliberation?

Enhance your exam readiness for TAMU's MGMT363 by exploring various problem-solving strategies, engaging flashcards, and comprehensive insights. Master the exam with ease!

The term that describes judgments made quickly and without conscious deliberation is intuition. Intuition refers to the ability to understand something instinctively, without the need for conscious reasoning. It often involves relying on feelings, gut reactions, or implicit knowledge that has been developed through experience. In organizational settings, intuition can be particularly valuable when quick decisions need to be made in uncertain or rapidly changing environments.

Programmed decisions involve established procedures and rules that guide decision-making, unlike intuition, which is more spontaneous and less structured. Bounded rationality pertains to the limitations individuals face in decision-making due to cognitive constraints, which can affect their ability to process information comprehensively, whereas intuition bypasses these rational constraints by relying on immediate cognitive responses. Non-programmed decisions are typically complex and require more thoughtful consideration, in contrast to the rapid nature of intuitive judgments.

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