When the Goal of the Decision Making Exercise Is to Make

question 76

Multiple Choice

When the goal of the decision making exercise is to make a satisfactory decision with time,you should utilize

• A)the rational decision-making model.
• B)the intuitive decision-making model.
• C)the bounded rationality decision-making model.
• D)the creative decision-making model.

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Definitions:

Structural Capital

The non-human storehouses of knowledge within an organization, including its databases, processes, patents, and trademarks, that contribute to its overall value.

Organization's Systems

Refers to the complex set of procedures, practices, and technologies that an organization uses to achieve its goals and fulfill its mission.

Values

Fundamental beliefs or standards that guide behavior and decision-making, reflecting what individuals or societies hold as important.

Individual

Pertains to a single human being as distinct from a group, class, or family.