12.4 - Decision-Making Models
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Practice Questions
Test your understanding with targeted questions
Define the Rational Decision-Making Model.
💡 Hint: Think about how choices are made.
What does 'bounded rationality' refer to?
💡 Hint: Consider factors that might restrict your decisions.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is the primary goal of the Rational Decision-Making Model?
💡 Hint: Focus on what this model emphasizes.
True or False: The Bounded Rationality Model focuses on finding the optimal solution.
💡 Hint: Remember what 'satisficing' means.
3 more questions available
Challenge Problems
Push your limits with advanced challenges
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.
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.
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