Description

Approach

Objective and logical approach. The

problem is clear and unambiguous,

Bounded rationality

specific, and goal based. Alternatives and

consequences of alternatives are known.

Rational within the limits of ability. There

is limited knowledge of alternatives or

consequences of alternatives.

Mental processing is subconscious.

Decisions are based on values, ethics,

Evidence$-$based management

experience, and accumulated judgment.

A mindful, conscious choice is made as to

which element$($s$)$ are most important and

Intuition

should be emphasized. Decisions are

based on the best available evidence.

Clearall