The Three Main Models That Managers Use to Make Decisions

question 60

Multiple Choice

The three main models that managers use to make decisions are ________.

• A)bounded rational,intuitive,systematic
• B)rational,bounded rational,intuitive
• C)intuitive,systematic,heuristic
• D)rational,irrational,unbounded rational

---

Definitions:

Frederick Herzberg

A psychologist best known for developing the Motivator-Hygiene Theory, which distinguishes between factors that create job satisfaction and those that prevent dissatisfaction.

Two-Factor Theory

A psychological theory proposed by Herzberg that suggests employee satisfaction and dissatisfaction are influenced by two separate sets of factors: motivators and hygiene factors.

Personal Rewards

Benefits or compensations received by an individual as a result of their actions or achievements, which can be intrinsic or extrinsic.

Status

The relative rank, prestige, or social standing of an individual or group within a society or organizational hierarchy.