A _____ is a graphical representation of the process underlying decisions,and it shows the resulting consequences of making various choices.
A) rational model
B) Markov chain
C) decision tree
D) garbage can model
E) normative model

Question

Quizplus · Accepted Answer

A decision tree is a graphical representation of the process underlying decisions, and it shows the resulting consequences of making various choices. Rational model is a theoretical approach to decision-making that assumes that individuals will make logical and optimal decisions. Markov chain is a stochastic process that describes a sequence of events in which the probability of each event depends only on the state attained in the previous event. Garbage can model describes decision-making in organizations as a mix of individual choices made under conditions of great uncertainty and ambiguity. Normative model is a theoretical model that provides a framework for making ethical and moral decisions.

A _____ Is a Graphical Representation of the Process Underlying