Which of these assumptions are included in the classical model of decision making?
A) Problems are unstructured and ill defined.
B) The decision-maker strives for conditions of certainty.
C) Criteria for evaluating alternatives are unknown.
D) The decision-maker selects the alternatives that will minimize the economic return to the organization.
E) The situation is always uncertain.

Question

Quizplus · Accepted Answer

The classical model assumes that decision-makers strive for conditions of certainty in decision making. This means that they seek complete information and know all of their options before making a decision.

Which of These Assumptions Are Included in the Classical Model