____ includes defining problems,gathering information,generating alternatives,and choosing a course of action.
A) Objective Probability
B) Problem Abatement
C) Bounded Rationality
D) Decision Making

Question

Quizplus · Accepted Answer

The process of defining problems, gathering information, generating alternatives, and choosing a course of action is called decision making. Objective probability refers to the probability that is based on facts and data. Problem abatement refers to the process of reducing or eliminating problems. Bounded rationality refers to the limitations of humans to make rational decisions due to limitations in information, time, and cognitive abilities.

____ Includes Defining Problems,gathering Information,generating Alternatives,and Choosing a Course of Action