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