Decision-making where managers recognize and understand that the systematic use of the best available data will improve their management practices and decision-making is called ______________.
A) intuitive decision making
B) rational management
C) satisficing decision making
D) evidence based management
E) innovative management

Question

Quizplus · Accepted Answer

Evidence-based management involves using the best available data to make decisions, and recognizing that doing so will improve management practices. Intuitive decision-making relies on gut instincts and personal judgments, rational management seeks the most logical solutions based on available information, satisficing decision-making settles for the first solution that meets the needs rather than seeking the best option, and innovative management seeks to come up with creative and original solutions.

Decision-Making Where Managers Recognize and Understand That the Systematic Use