The classical decision model attempts to provide a(n)__________ decision.
A) behavioral
B) programmed
C) optimizing
D) satisficing

Question

Quizplus · Accepted Answer

The classical decision model aims to provide an optimizing decision - one that maximizes the potential for achieving the best possible outcome. It assumes complete information, a clear set of preferences, and a rational decision maker. The other options, behavioral and satisficing, recognize that decision making is not always rational, and programmed decisions refer to routine or repetitive decisions that can be automated.

The Classical Decision Model Attempts to Provide A(n)__________ Decision