The __________ describes decision making where people are assumed to act only in terms of what they perceive about a given situation.
A)Executive decision model.
B)Personal decision model.
C)Biased decision model.
D)Behavioural decision model.
E)Descriptive decision model.

Question

Quizplus · Accepted Answer

The behavioural decision model assumes that people make decisions based on their past experiences, biases, habits, and emotions, rather than using rational analysis or optimal decision-making techniques. Therefore, they act only in terms of what they perceive about a given situation.

The __________ Describes Decision Making Where People Are Assumed to Act