Which of the following is true about managerial rational decision making?
A)Most decisions managers face allow for rational decision making.
B)Managers can make rational decisions if the manager is faced with a simple problem in which the goals are clear and the alternatives limited.
C)Rational decision making is always possible if the goals are clear and straightforward.
D)Time pressure forces managers into rational decision making.
E)Rational decision making is generally possible when the decision involves 'things' but not people.

Question

Quizplus · Accepted Answer

Managerial rational decision making is possible when the problem is straightforward and the goals of the decision are clear. However, in most cases, decision-making situations are complex, and the goals and alternatives are not always clear, making it difficult for managers to use rational decision making. Additionally, time pressure and constraints on information can hinder a manager's ability to make a rational decision. Therefore, option B is the most accurate statement.

Which of the Following Is True About Managerial Rational Decision