Which of the following would best describe the psychological orientation of an individual making a 'maximax' type of choice?
A)optimist
B)realist
C)pessimist
D)satisficer
E)extremist

Question

Quizplus · Accepted Answer

The maximax decision-making approach involves selecting the option that provides the maximum potential benefit or gain, even if the probability of achieving that outcome is low. This type of decision-making is often associated with an optimistic mindset, where individuals are willing to take risks and have a high tolerance for uncertainty.

Which of the Following Would Best Describe the Psychological Orientation