Which of the following explains the reasons for the inherently uncertain and risky nature of decision making and the making of satisfactory rather than optimum decisions by managers?
A)logical model
B)administrative model
C)perspective model
D)rational model

Question

Quizplus · Accepted Answer

The administrative model explains that decision-making is inherently uncertain and risky, leading managers to make satisfactory rather than optimal decisions due to bounded rationality and incomplete information.

Which of the Following Explains the Reasons for the Inherently