________ models of decision making explain how managers actually make decisions.
A) Rational
B) Nonrational
C) Optimizing
D) Normative
E) Alternative

Question

Quizplus · Accepted Answer

Nonrational models of decision making recognize that managers often make decisions based on limited information, bounded rationality, and the influence of personal biases and emotions. These models do not assume that managers always make rational, logical decisions based on complete information. Instead, they focus on how managers actually make decisions in the real world.

________ Models of Decision Making Explain How Managers Actually Make