Managers are assumed to use ________ if they make logical and consistent choices to maximize value.
A) rational decision making
B) intuitive decision making
C) bounded rationality
D) evidence-based management

Question

Quizplus · Accepted Answer

Rational decision making involves a logical and consistent process of evaluating alternatives to maximize value. This is the approach that is assumed to be used by managers who are making effective decisions based on sound reasoning and analysis. Intuitive decision making, on the other hand, is a more instinctive approach that relies on gut feelings and emotions rather than careful analysis, while bounded rationality acknowledges that managers may face limitations in their ability to process information and evaluate alternatives. Evidence-based management is a broader approach that emphasizes the importance of using data and scientific evidence to inform decision making, but it is not necessarily mutually exclusive with rational decision making.

Managers Are Assumed to Use ________ If They Make Logical