Question: In the classical model of decision making, managers Multiple Choice create heuristics to simplify the process. identify and evaluate all possible alternatives before choosing a
In the classical model of decision making, managers
Multiple Choice
create heuristics to simplify the process.
identify and evaluate all possible alternatives before choosing a course of action.
apply representativeness bias to identify alternatives.
use intuition to select the most satisfactory solution.
use satisficing to select the optimum solution.
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