When the goal of the decision making exercise is to make a satisfactory decision because you are limited in some way such as time,you should utilize
A)the rational decision-making model.
B)the intuitive decision-making model.
C)the bounded rationality decision-making model.
D)the creative decision-making model.

Question

Quizplus · Accepted Answer

When limited by time or other constraints, the bounded rationality model is the most appropriate. This involves making a decision that is "good enough" rather than seeking the optimal solution. It still involves gathering information and evaluating alternatives, but it recognizes that complete rationality may not be possible in certain scenarios. The other models (rational, intuitive, and creative) may be better suited for situations where there is more time and resources available for decision making.

When the Goal of the Decision Making Exercise Is to Make