Which of the following is a potential problem when evaluating and choosing alternatives in decision making?
A) Limited information processing
B) Implicit favorite
C) Satisficing
D) All of these statements are potential problems
E) None of these statements is a potential problem

Question

Quizplus · Accepted Answer

All of these statements are potential problems when evaluating and choosing alternatives in decision making. Limited information processing can lead to incomplete or inaccurate assessments of the options. Implicit favorite occurs when decision makers have a preference for one option without fully considering other alternatives. Satisficing refers to settling for an option that is good enough, rather than trying to find the best possible solution. To make effective decisions, it is important to be aware of these potential problems and take steps to minimize their impact.

Which of the Following Is a Potential Problem When Evaluating