The rational decision-making model takes into consideration the fact that all information pertaining to a problem might not be available to the decision maker.

Question

Quizplus · Accepted Answer

The rational decision-making model relies on a number of assumptions, including that the decision maker has complete information, is able to identify all the relevant options in an unbiased manner, and chooses the option with the highest utility.

The Rational Decision-Making Model Takes into Consideration the Fact That