The three main models that managers use to make decisions are ________.
A)rational, bounded rational, and intuitive
B)rational, irrational, and bounded rational
C)intuitive, unintuitive, and rational
D)bounded rational, intuitive, and systematic

Question

Quizplus · Accepted Answer

Rational, bounded rational, and intuitive are the three main models that managers use to make decisions, as they provide a structured approach for decision-making based on facts and analysis while also considering limitations in resources, time, and capabilities, and relying on personal experiences and judgement. The other options presented are either incorrect or not commonly used in decision-making models.

The Three Main Models That Managers Use to Make Decisions