The rational-economic model does not address the factors that impact the decision environment or describe how managers actually make decisions.

Name: The rational-economic model does not address the factors that impact the decision environment or describe how managers actually make decisions.
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Question

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The rational-economic model assumes that decision-makers have complete information and make decisions logically, but it doesn't account for real-world complexities and constraints that managers face.

The Rational-Economic Model Does Not Address the Factors That Impact