Practice Decision-Making Models - 12.4 | 12. Decision-Making in Organizations | Management 1 (Organizational Behaviour/Finance & Accounting)
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12.4 - Decision-Making Models

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Define the Rational Decision-Making Model.

💡 Hint: Think about how choices are made.

Question 2

Easy

What does 'bounded rationality' refer to?

💡 Hint: Consider factors that might restrict your decisions.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the primary goal of the Rational Decision-Making Model?

  • To make decisions based on intuition
  • To maximize utility
  • To facilitate random choices

💡 Hint: Focus on what this model emphasizes.

Question 2

True or False: The Bounded Rationality Model focuses on finding the optimal solution.

  • True
  • False

💡 Hint: Remember what 'satisficing' means.

Solve 3 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Design an organization’s decision-making process using aspects of the Rational, Bounded Rationality, and Incremental Models, providing justifications for each model's inclusion.

💡 Hint: Think of different levels of decision-making in an organization.

Question 2

Evaluate a decision-making scenario in a company that uses the Garbage Can Model. Determine how innovative solutions arose despite the chaos.

💡 Hint: Consider how spontaneity can lead to creativity.

Challenge and get performance evaluation