Answered

Westonci.ca is the premier destination for reliable answers to your questions, provided by a community of experts. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

which models are characteristic nonrational models of decision making?

Sagot :

ayfat23

The description of characteristics of  nonrational models of decision making can be simply stated as Models that describe how managers actually make decisions.

  • Decision-making can be explained as cognitive process which is one of the result of selection of a belief or option out of  several possible alternative options.

  • One of the models of decision making is Non-Rational models.

  • Non rational can be described as terms that explained heterogeneous classification of decision set up to overcome problems that is associated with rational” theories.

  • This model stressed that a real situation will always be available for decision-making.

  • Non-Rational models helps to understand incomplete knowledge as regards outcomes of various alternatives.

  • Non-Rational models are usually associated to managerial judgment as well as intuition and personal biases.

  • Non rational model helps the manager to be effective in making their decision.

  • Other decision making models are;
  1. Rational decision making model
  2. Administrative
  3. Retrospective Decision Making Models.

Therefore, non rational model helps in decision making by the managers.

Learn more at: https://brainly.com/question/20075422?referrer=searchResults

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.