the rational model of decision-making assums that .a.managers are aware of all alternative courses of action and their consequencees.b.managers have only limited ability tp process the information required to make decisions.c.managers do not have acess to all the information necessary to make decisions.d.different managers have different preferences and values and will use different rules to decide on the best alternative.

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20-12-2022
Business

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the rational model of decision-making assums that .a.managers are aware of all alternative courses of action and their consequencees.b.managers have only limited ability tp process the information required to make decisions.c.managers do not have acess to all the information necessary to make decisions.d.different managers have different preferences and values and will use different rules to decide on the best alternative.

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NomulaHarsh NomulaHarsh · Answer 1 · 2022-12-25T03:59:16+01:00

The rational model of decision-making assumes that different managers have different preferences and values and will use different rules to decide on the best alternative.

What is rational model of decision making?

The best decisions are made by organisations, enterprises, and people using rational decision-making. One of the various decision-making tools is rational decision-making, which aids users in selecting the best course of action. This blog will discuss the definition of rational decision-making, the value of rational decision-making, and analyse some real-world examples of rational decision-making.

Making decisions logically involves following a series of procedures and processes to determine the optimal course of action. Logic and data analysis are used to make these judgements, which eliminates subjectivity and intuition.

Making rational decisions entails taking into account every variable component and piece of information regarding all of the potential choices.

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