Chad and his partner,John,have decided to update their computer network,although they have no expertise in this area.During a meeting with John,Chad commented that "Our decision is limited by numerous constraints,such as our understanding of the complexity of technology,time and money,imperfect information,and our conflicting goals." These limitations are hindrances to
A)satisficing.
B)rational decision making.
C)intuitive decision making.
D)MBO.
E)nonrational decisions

Question

Quizplus · Accepted Answer

The limitations mentioned by Chad are hindrances to rational decision making, as they affect the ability to gather and process all the necessary information and weigh the alternatives objectively before making a decision. Satisficing refers to choosing the first acceptable solution rather than exploring all alternatives, intuitive decision making relies on instincts and feelings rather than logic and analysis, MBO (management by objectives) is a process of defining and tracking specific objectives and goals, and nonrational decisions are made without a systematic analysis of the alternatives.

Chad and His Partner,John,have Decided to Update Their Computer Network,although