In the classic or rational model of decision making, which assumption(s) is/are made: That there are...
In the classic or rational model of decision making, which assumption(s) is/are made:
That there are several equally good options
That there is clarity on the nature of the decision
That there are time limitations
That full information on all options can be obtained
Homework Answers
There are four assumptions in the classic or rational model:
-> Clearly defined problem - The decision we want to arrive on is clear.
-> Certain environment - Decision maker can eliminate any limitations.
- > Full information - Decision maker has all the information to make a decision.
- > Rationality - Decision maker makes logical choice based on information.
Option b and d are correct.
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