The _______ model of decision making explains how managers should make decisions.
A) Intuition
B) Satisficing
C) Holistic
D) Evidence-based
E) Rational

Question

Quizplus · Accepted Answer

The rational model of decision making is the prescriptive model that suggests that managers should make decisions systematically, using a logical and objective approach. This model assumes that managers have complete information, can identify all possible options, evaluate them based on predetermined criteria and constraints, and choose the best alternative that maximizes their objectives. This model is often taught in business schools and used in practice as a guideline for decision making.

The _______ Model of Decision Making Explains How Managers Should