One of the Assumptions of the Classical Model of Decision

question 45

Multiple Choice

One of the assumptions of the classical model of decision making is that ________.

• A) the decision to be made is a programmed decision
• B) personal preferences have no effect on the decision-making process
• C) prescriptive decision making is superior to descriptive decision making
• D) decision makers have all the information needed to make optimal decisions

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Definitions:

Fixed-Interval Schedule

A type of operant conditioning reinforcement schedule where rewards are delivered at predictable time intervals, provided that the correct response is made.

Operant Conditioning

A technique of teaching that utilizes incentives and penalties to affect the probability of a behavior's recurrence.

Profit-Sharing Plan

A company program that provides employees with a share in the company's profits, typically in the form of a bonus or retirement benefits.

Worker Productivity

Refers to the amount of work or output produced by an employee in a specific period of time.