The decision that the manager makes using the behavioral model of decision making
A) is made with imperfect information.
B) has an incomplete set of alternatives.
C) uses bounded rationality.
D) requires the manager to engage in satisficing.
E) All of these choices

Question

Quizplus · Accepted Answer

The behavioral model of decision making acknowledges that managers have imperfect information, limited cognitive ability, and incomplete alternatives. Therefore, they must use bounded rationality and satisficing to make decisions. Therefore, all of the choices are correct.

The Decision That the Manager Makes Using the Behavioral Model