According to the Administrative Model of Decision Making, Why Wouldn't

question 2

Multiple Choice

According to the administrative model of decision making, why wouldn't managers be able to arrive at the optimum decision even if they had unlimited ability to evaluate information?

• A)Managers would not have complete information.
• B)Managers would not have bounded rationality.
• C)Managers would have no decision-making ability.
• D)Managers would have varying perspectives.
• E)Managers would have too many alternatives.

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Definitions:

Time

A measurable period during which actions, processes, or conditions exist or take place.

Limited Period

A specific timeframe with defined beginning and end points.

Integrative Negotiations

A negotiation strategy focused on creating mutually beneficial agreements by maximizing value for all parties involved.

Labor Relations

A study and practice focused on managing relationships between employers and employees, often involving unions.