The administrative model of decision-making is fundamentally an intuitive process.

Question

Quizplus · Accepted Answer

The administrative model of decision-making, also known as the bounded rationality model, emphasizes a more realistic approach where decision-makers are limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make a decision. It contrasts with an intuitive process by relying on a systematic analysis of available information and constraints.

The Administrative Model of Decision-Making Is Fundamentally an Intuitive Process