Which of the following is assumed in a rational decision?
A)Value is maximised.
B)A clear and specific goal.
C)A clear and unambiguous problem.
D)All of the above.

Question

Quizplus · Accepted Answer

All of the options - value maximisation, clear and specific goals, and clear and unambiguous problems are assumed in a rational decision. Rational decision making involves a systematic approach for choosing the best alternative that maximises value or utility for the decision maker, with clear and specific goals and based on a clear and unambiguous problem or situation. Hence, all the options are essential to rational decision making.

Which of the Following Is Assumed in a Rational Decision