Which of the following statements is true about the administrative model of decision making?
A) It suggests that political forces do not exist in business scenarios.
B) It suggests that managers may not always make decisions that best serve the interests of their organizations.
C) It suggests that managers use a blend of subjective knowledge and analysis to choose the best alternative.
D) It suggests that decisions should only be made individually and not in groups.
E) It suggests that decisions made by groups are better than decisions made by individuals.

Question

Quizplus · Accepted Answer

The administrative model suggests that managers may not always make decisions that best serve the interests of their organizations. The 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.

Which of the Following Statements Is True About the Administrative