Which of the Following Is Not an Assumption of the Rational

question 68

Multiple Choice

Which of the following is not an assumption of the rational decision-making model?

• A)Judgment is the key element.
• B)Decision maker has complete information.
• C)All relevant options can be identified in an unbiased manner.
• D)The option with the highest utility is chosen.

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Definitions:

Data Collection

The process of gathering and measuring information on variables of interest, in an established systematic fashion that enables one to answer stated research questions, test hypotheses, and evaluate outcomes.

Program Champion

An individual who passionately promotes and supports the success of a program within an organization.

Red Tape

Excessive bureaucracy or adherence to rules and formalities, especially in public sector organizations, leading to slow or complicated administrative procedures.

Line Positions

Roles in an organization that are directly involved in the core business operations, such as production and sales.