From simple queries to complex problems, IDNLearn.com provides reliable answers. Discover reliable and timely information on any topic from our network of experienced professionals.
Sagot :
The correct answer is Administrative decision making model.
The Administrative decision making model assumes incomplete information and bounded rationality.
What is Administrative decision making model?
- The theory of decision making was given by a famous psychologist, economist and sociologist. His name was Herbert Simon.
- He even received a Nobel Prize in Economics.
- The Administrative decision making model is a kind of a descriptive model.
- It gives us an overview of how people and managers actually make decisions in difficult situations.
- Another kind of model that Simon gave was the Rational decision making model.
- It is when people use the available facts and information to make their decisions.
To learn more about Administrative decision making model visit: https://brainly.com/question/26866373?
#SPJ4
Thank you for using this platform to share and learn. Don't hesitate to keep asking and answering. We value every contribution you make. IDNLearn.com is committed to providing the best answers. Thank you for visiting, and see you next time for more solutions.
