The Classical Model of Decision Making Assumes That

question 71

Multiple Choice

The classical model of decision making assumes that:

• A) the number of alternatives a manager must identify is so great that it is difficult for the manager to even come close to evaluating it all before making a decision.
• B) managers have little information to use in making a decision.
• C) managers have access to all the information they need to make the optimum decision.
• D) managers have neither the time nor the money to search for all possible alternative solutions and evaluate all the potential consequences of those alternatives.
• E) managers search for and choose acceptable,or satisfactory,ways to respond to problems and opportunities rather than trying to make the optimal decision.

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Definitions:

Display

The act of presenting information visually, often on a screen such as a computer monitor, smartphone, or another display device.

Components

Components in programming refer to reusable pieces of software or hardware that can be integrated to form a functional system.

Composition

In programming, the concept of building classes whose instances are derived from other classes not through inheritance but by including them as instance variables.

Is-a

The "Is-a" relationship in object-oriented programming describes an inheritance connection where a child class is a more specific instance of a parent class.