Asked by
Evelyn Miller
on Oct 17, 2024Verified
Which model recognizes and attempts to reduce the problems identified through the bounded rationality model?
A) evidence-based model
B) rational model
C) political model
D) ethical model
Bounded Rationality Model
A theory that suggests individuals make decisions based on the limited information available to them and within the confines of their cognitive limitations.
Evidence-Based Model
A framework for decision-making that involves integrating individual expertise with the best available external evidence from systematic research.
- Distinguish the diverse models used in organizational decision-making processes.
Verified Answer
KB
Learning Objectives
- Distinguish the diverse models used in organizational decision-making processes.
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