Which of the Following Is True of the Rational Choice

question 79

Multiple Choice

Which of the following is true of the rational choice method of decision making?

• A)It is used when goal consensus is low.
• B)It is appropriate when a problem is clearly understood.
• C)It is suitable when there is inadequate time to collect necessary information.
• D)It is a non-analytical approach to decision making.

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Definitions:

Compliance

Adhering to laws, regulations, standards, and ethical practices applicable to business operations and activities.

Request for Quotation

A document that invites suppliers to bid on providing a product or service with specified requirements.

Brand or Equal

Specification term indicating that a product of a specific brand name or one of equal quality or performance can be supplied.

Equality

The state or condition of being equal, especially in status, rights, or opportunities, promoting fairness and non-discrimination.