The rational approach to decision making is fully achieveable in today's management world.

Question

Quizplus · Accepted Answer

The rational approach to decision making assumes that decision makers have access to complete information, can accurately predict outcomes, and are able to make choices that maximize their objectives. However, in today's complex and rapidly changing business environment, complete information is often unavailable, outcomes are uncertain, and objectives may be conflicting or unclear. As a result, it may be difficult or even impossible to fully apply the rational approach to decision making in practice.

The Rational Approach to Decision Making Is Fully Achieveable in Today's