Which Decision-Making Model Would You Use When Your Goals Are

question 138

Multiple Choice

Which decision-making model would you use when your goals are unclear,there is time pressure,and you have experience with the problem?

• A)the rational decision making model
• B)bounded rational model
• C)intuitive decision making model
• D)creative decision making model

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Definitions:

Implied Warranty

A legally assumed guarantee that a product will meet certain quality and reliability standards.

Warranty Of Fitness

A guarantee provided by a seller that the goods or services sold will be appropriate and suitable for the specified purpose.

Express Warranty

A clearly stated guarantee provided by a seller regarding the condition or quality of a product.

Implied Warranty

An unwritten, unstated guarantee that a product will meet basic standards of quality and reliability.