In a dynamic/chaotic decision environment, a manager should use the _______ method of decision making.
A) Heuristic
B) Rational
C) Satisficing
D) Optimizing
E) Intuition or evidence-based

Question

Quizplus · Accepted Answer

In a dynamic/chaotic decision environment, using intuition or evidence-based decision making is the best choice. This is because rational, satisficing, and optimizing decision making methods rely on stable and predictable environments, which may not be the case in dynamic or chaotic situations. Heuristics may also not be sufficient in such environments, as they rely on past experiences which may not apply in rapidly changing situations. In contrast, intuition or evidence-based decision making allows managers to quickly adapt to changing circumstances and make decisions based on the best available information at the time.

In a Dynamic/chaotic Decision Environment, a Manager Should Use the _______