The ________ of decision-making seeks to maximize profits by searching systematically for the optimum solution to a problem.
A) quasi-analytical model.
B) rational-economic model.
C) administrative model.
D) image theory model.

Question

Quizplus · Accepted Answer

The rational-economic model is based on the belief that decision-makers are rational and their main objective is to maximize profits or benefits by searching for an optimal solution to the problem. This model assumes that decision-makers have complete information, can evaluate alternatives objectively, and choose the option with the highest expected value.

The ________ of Decision-Making Seeks to Maximize Profits by Searching