The three main models that managers use to make decisions are _________.
A)bounded rational, intuitive, systematic
B)rational, bounded rational, intuitive
C)intuitive, systematic, heuristic
D)rational, irrational, unbounded rational

Question

Quizplus · Accepted Answer

The three main models that managers use to make decisions are rational, bounded rational, and intuitive. Systematic and heuristic are not separate models but rather techniques or approaches that can be used within these three models. The option of irrational decision making is not commonly used by managers.

The Three Main Models That Managers Use to Make Decisions