Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Get detailed and accurate answers to your questions from a community of experts on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.
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
We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.
