A decision based on extensive information gathering, careful analysis, and generation of alternatives is called:
A)Intuitive decision
B)Reasoned judgment
C)Bounded rationality
D)Dialectical inquiry

Question

Quizplus · Accepted Answer

A decision based on extensive information gathering, careful analysis, and generation of alternatives is known as a reasoned judgment. Intuitive decisions are based on experience and perceptions, while bounded rationality refers to the limitations on rational decision-making due to constraints such as time and resources. Dialectical inquiry involves considering opposing viewpoints to arrive at a decision.

A Decision Based on Extensive Information Gathering, Careful Analysis, and Generation