If the goal of your decision making is to make the optimum decision or make the...

If the goal of your decision making is to make the optimum decision or make the best choice, you should utilize

the bounded rationality model of decision making.

the intuitive decision-making model.

the creative decision-making model.

the rational decision making model.

Solutions

Expert Solution

The correct answer is " the rational decision making model."

Rational decision making is step by step process for selecting the best option out of the alternatives and it is done based on the logic, objectivity and analyzing every aspects before coming to the conclusion. There are 6 steps of rational decision-making process. They are: -

Defining the problem
Identifying the criteria for taking decision.
Allocating weights to the identified criteria
Developing alternatives
evaluating alternatives
Selecting the best option.

keosha answered 1 year ago

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Subjects

		the bounded rationality model of decision making.
		the intuitive decision-making model.
		the creative decision-making model.
		the rational decision making model.