The Rational Choice Theory of Decision Making Predicts That Our

question 120

Multiple Choice

The rational choice theory of decision making predicts that our judgments will vary depending on:

• A)the value we assign to possible outcomes of our decisions.
• B)frequency but not probability.
• C)our past personal history of successfully attaining goals based on our decisions.
• D)the likelihood that someone else will pursue the same decision goals as us.

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Definitions:

Gossip Chain

A form of communication network within an organization where information, often unofficial or speculative, spreads rapidly through informal channels.

Grapevine

An informal channel of communication within an organization, characterized by the unofficial and casual sharing of information.

Rumor

Unverified information or speculation that is spread among people, which may or may not be true.

Probability Chain

A sequence of events where each event's occurrence depends on the outcomes of the previous events in terms of probability.