Which of the following statements is true of the classical decision model?
A) It proposes that managers take optimizing decisions after considering available alternatives.
B) It holds that managers act only in terms of their perceptions, which are frequently imperfect.
C) It takes into account the cognitive limitations that prevent managers from being fully informed.
D) It addresses the complexities involved in decision making in uncertain and risk environments.

Question

Quizplus · Accepted Answer

The classical decision model proposes that decision makers take the best possible course of action after considering available alternatives.

Which of the Following Statements Is True of the Classical