All of the following are characteristics of the classical decision making model except:
A) clear-cut problems and goals.
B) conditions of certainty.
C) rational choice by individual for maximizing outcomes.
D) limited information about alternatives and their outcomes.
E) all of these are characteristics of classical decision making model.

Question

Quizplus · Accepted Answer

The classical decision making model assumes that decision makers have clear-cut problems and goals, operate under conditions of certainty, make rational choices for maximizing outcomes, and have full information about alternatives and their outcomes. However, in reality, decision makers often have limited information about alternatives and their outcomes, which is not a characteristic of the classical model. Therefore, the correct answer is D.

All of the Following Are Characteristics of the Classical Decision