The administrative model of decision making argues that decision makers _____ while making decisions.
A) use complete and perfect information
B) do not use intuition while making decisions
C) are constrained by bounded rationality
D) completely avoid escalation of commitment
E) use only instincts

Question

Quizplus · Accepted Answer

The administrative model holds that decision makers (1) use incomplete and imperfect information, (2) are constrained by bounded rationality, and (3) tend to satisfice when making decisions.

The Administrative Model of Decision Making Argues That Decision Makers