Which of the following statements is true about the administrative model of decision making?
A) It suggests that most managers make decisions rationally and logically.
B) It suggests that decisions that are based on instincts are better than the ones based on logic.
C) It suggests that managers tend to satisfice when making decisions.
D) It suggests that managers have the most accurate information about decision situations.
E) It suggests that managers should not make decisions based on mathematical analysis.

Question

Quizplus · Accepted Answer

The administrative decision-making model argues that decision makers (1) use incomplete and imperfect information, (2) are constrained by bounded rationality, and (3) tend to satisfice when making decisions.

Which of the Following Statements Is True About the Administrative