Rational managerial decision-making includes choices that maximise value based on ________.
A)logic and consistency
B)payoff
C)statistics
D)revenue
E)budgets

Question

Quizplus · Accepted Answer

Rational managerial decision-making involves making choices that are logical and consistent with the organization's goals and values. While factors such as payoff, statistics, revenue, and budgets may be considered in the decision-making process, the ultimate goal is to maximize value for the organization, which is achieved through a systematic and rational approach. Therefore, option A is the best choice.

Rational Managerial Decision-Making Includes Choices That Maximise Value Based on ________