Match each term with the correct statement below.
-a prescriptive framework of how a decision should be made that assumes managers have completely accurate information
A) rational-economic model
B) ethical dilemma
C) behavioral decision model
D) bounded rationality
E) intuition
F) satisficing
G) escalation of commitment
H) vigilance
I) VJagond Yetton model

Question

Quizplus · Accepted Answer

The rational-economic model is a prescriptive framework that assumes managers have completely accurate information, allowing them to make the most rational and optimal decision.

Match Each Term with the Correct Statement Below