The Rational Choice Model of Decision Making Is Impossible to Apply

question 28

Multiple Choice

The rational choice model of decision making is impossible to apply in reality because:

• A)it ignores the fact that problems must be defined before alternatives are chosen.
• B)it assumes that human beings make decisions based on their emotions.
• C)it assumes that people are efficient and logical information processing machines.
• D)it ignores the fact that people evaluate their decision after an alternative has been chosen and implementeD.
• E)All of these statements are correct.

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Definitions:

American Stores

Retail outlets or shops located in the United States that sell various goods and services.

Total Merchandise

The complete range of goods that a company has for sale or the cumulative amount of goods sold.

Shoplifted

The act of unlawfully taking goods from a store without making a purchase.

Teenagers To Shoplift

The tendency or phenomenon of teenagers engaging in shoplifting, influenced by a variety of social, psychological, and economic factors.