[In your opinion], are decision-makers rational (in your answer, give a quick definition of rationality, not...

[In your opinion], are decision-makers rational (in your answer, give a quick definition of rationality, not the long one]? Give 3 supporting historical examples that align with the quick definition of rationality.

The answer should be about 4 well-written sentences.

Expert Solution

Rationality is a quality of being rational that means making choices according to the thing which we think best. Rationality may benefit any individual.

Yes, decision-makers are rational as they take decisions which are beneficial for any individual or for the whole organisation. The job of decision-makers is so made decisions frequently then they are always bound to suggest the best decision. they evaluate the problem from all the aspects which helps them in the decision-making process. So they rationally take their decision whichever they found best.

For example - in an organisation, the organisation decided to promote a marketing campaign. One firm is offering less amount for the marketing campaign of the company and other firm is demanding almost double as they lead in a marketing campaign. So, the decision-makers have to evaluate all the aspect and they decide to pay more to lead the firm as that is more beneficial.

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keosha answered 1 month ago

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