Which of the assumptions are included in the classical model of decision making?
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3.Briefly describe the assumptions underlying the classical model of decision making... Show
4.Explain the four underlying assumptions of the administrative model... 5.List and describe the four basic assumptions of the political model. 78. The classical model of decision making is based on _____ assumptions.a. philosophicalb. irrationalc. economicd. uncertaintye. technologicalANSWER:c POINTS:1DIFFICULTY:2REFERENCES:276LEARNING OBJECTIVES:MGMT.DAFT.12.09-03 - 09-03NATIONAL STANDARDS:United States - BUSPROG: AnalyticSTATE STANDARDS:United States - LA - DISC: Individual DynamicsKEYWORDS:Bloom's: KnowledgeOTHER:F79. Riley is a manager at the Tinker Tools. She is expected to make decisions that are in the organization's best economicinterests. Her decisions should be based on which of the following models? POINTS:1DIFFICULTY:2REFERENCES:277LEARNING OBJECTIVES:MGMT.DAFT.12.09-02 - 09-02NATIONAL STANDARDS:United States - BUSPROG: AnalyticSTATE STANDARDS:United States - LA - DISC: Individual DynamicsKEYWORDS:Bloom's: KnowledgeOTHER:A80. Which of these assumptions are included in the classical model of decision making?b POINTS:1DIFFICULTY:3REFERENCES:277LEARNING OBJECTIVES:MGMT.DAFT.12.09-02 - 09-02NATIONAL STANDARDS:United States - BUSPROG: AnalyticSTATE STANDARDS:United States - LA - DISC: Individual DynamicsKEYWORDS:Bloom's: KnowledgeOTHER:F81. Which approach defines how a decision-maker should make decisions?a POINTS:1DIFFICULTY:2REFERENCES:277LEARNING OBJECTIVES:MGMT.DAFT.12.09-03 - 09-03NATIONAL STANDARDS:United States - BUSPROG: AnalyticSTATE STANDARDS:United States - LA - DISC: Individual DynamicsKEYWORDS:Bloom's: KnowledgeOTHER:F82. _____ is the approach that defines how a decision maker should make decisions and provides guidelines for reachingan ideal outcome for the organization.a. Administrative b. Descriptivec. Normatived. Bounded rationalitye. None of theseANSWER:cPOINTS:1DIFFICULTY:2REFERENCES:277LEARNING OBJECTIVES:MGMT.DAFT.12.09-03 - 09-03NATIONAL STANDARDS:United States - BUSPROG: AnalyticSTATE STANDARDS:United States - LA - DISC: Individual DynamicsKEYWORDS:Bloom's: KnowledgeOTHER:F
What is the classical model of decision making process?The classical decision-making model is also called the rational model, which is an approach that combines logic and rationality to develop a final solution or response. It is based on the premise that people are rational beings who carefully consider all available options before making decisions.
What are the assumptions of decision making?These assumptions include: – “Decision making” means to select the best action from all applicable actions. – Beliefs on actions are expressed as probabilistic transitions among states. – Desires are measured by a value function defined on states.
Which of the following is not a assumption of the classical decision model?Which of the following is not an assumption of the classical decision model? Choice is made once sufficient information on alternatives is available.
What are the 3 Modelling decisions?The 3 Decision Making Models are: Thinking First — Rational Decision Making. Seeing First — Insight-driven Decision Making. Doing First — Experimentation-based Decision Making.
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