Which of these statements about human decision making is FALSE?
A)Personal biases typically distort the selection and interpretation of information.
B)Decision makers engage in a limited search for and evaluation of alternatives.
C)Decision makers usually examine all alternatives at the same time.
D)Decision makers compare each alternative to an implicit favourite.
E)Decision makers have a limited capacity to process information.

Question

Quizplus · Accepted Answer

Decision makers do not usually examine all alternatives at the same time. Instead, they tend to engage in a sequential search, evaluating options one by one until they find one that meets their criteria. This is known as a "satisficing" strategy, where decision makers search for satisfactory solutions rather than the best possible one.

Which of These Statements About Human Decision Making Is FALSE