The rational model of decision making is also called the ______ model.
A. balanced
B. satisficing
C. incremental
D. classical
E. intuitional
D. classical
The rational model of decision making, also called the classical model, explains how managers should make decisions; it assumes managers will make logical decisions that will be the optimum in furthering the organization's best interests.
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Mini-Case Question. The percentage cost of goods sold by Sparks Inc. is 40%. The percentage cost of goods sold by its three largest competitors is 30%, 30%, and 20%. What is the cost advantage index of Sparks Inc.?
A) 80 B) 120 C) 43 D) 150 E) 62
When an American accounting firm sends some of its tax work to India to take advantage of lower wages, the process is called
A. source relaying. B. task transfer. C. knowledge transfer. D. skills transfer. E. tax movement.
The three basic functions a channel intermediary provides are transactional, logistical, and facilitating functions.
Answer the following statement true (T) or false (F)
Culture change concerns changing ______.
A. beliefs B. attitudes C. values D all of these