Which of the following is an assumption of the classical model of decision making?
A) Problems are unstructured and ill defined.
B) The decision maker strives for conditions of certainty and tries to gather complete information.
C) Criteria for evaluating alternatives are unknown.
D) The decision maker selects the alternatives that will minimize the economic return to the organization.
E) All of these

Question

Quizplus · Accepted Answer

The classical model of decision making assumes that decision makers strive for conditions of certainty and try to gather complete information before making a decision. The other options are not assumptions of the classical model.

Which of the Following Is an Assumption of the Classical