If you were making a decision by selecting the alternative that is good enough, you would be relying on:
A) The rational model of decision making.
B) The bounded rationality model of decision making.
C) Management decision.
D) Image theory.

Question

Quizplus · Accepted Answer

The bounded rationality model of decision making suggests that individuals are limited by the information they have, their cognitive limitations, and the finite amount of time they have to make a decision. Therefore, they opt for a solution that is "good enough" rather than the optimal one, which aligns with the scenario described.

If You Were Making a Decision by Selecting the Alternative