Limitations on information in decision making have the greatest impact on the assumptions and values of the rational decision-making approach.

Question

Quizplus · Accepted Answer

The rational decision-making approach relies heavily on information and analysis, so limitations on information can greatly impact the assumptions and values underlying the approach. Without sufficient information, decision makers may need to make assumptions, which may not be accurate, and have to rely more on subjective values, which can be influenced by personal biases and other factors.

Limitations on Information in Decision Making Have the Greatest Impact