Riley is a manager at Tinker Tools. She is expected to make rational decisions that are economically feasible and in the organisation’s best economic interests. Her decisions should be based on which of the following decision-making models?Question 2Answera.scientific managementb.politicalc.humanisticd.classicale.administrative
Question
Riley is a manager at Tinker Tools. She is expected to make rational decisions that are economically feasible and in the organisation’s best economic interests. Her decisions should be based on which of the following decision-making models?Question 2Answera.scientific managementb.politicalc.humanisticd.classicale.administrative
Solution
The decision-making model that Riley should base her decisions on, given that she is expected to make rational decisions that are economically feasible and in the organisation’s best economic interests, is the classical decision-making model.
The classical model of decision making is based on economic rationality. In this model, the decision maker is expected to behave rationally within the constraints of the information available. This means that the decision maker has complete information, can rank all alternatives, and can choose the most beneficial or optimal alternative. This model is often used in businesses to maximize profitability and efficiency.
Similar Questions
Which of the following approach in decision making assumes that the managers are rational and logical?Choices:- Administrative Decision Making Model Classical Decision Making Model Incremental Decision Making Model Garbage Can Decision Making Model
Which of the following decision making model helps the managers to understand their limitations?Choices:- Administrative Decision Making model Classical Decision Making model Garbage Can Decision Making model Incremental Decision Making model
Finley manages a large team at a marketing agency. She believes that organizations do not make full use of workers’ intellectual potential. Therefore, she is democratic in decision making, allowing her subordinates to participate in the process. What theory of management would Finley most likely follow?Multiple ChoiceTheory Xexpectancy theorytwo-factor theoryequity theoryTheory Y
As a CEO, Olivia tries to empower lower-level managers to have some decision-making authority and encourage values and norms that facilitate change and innovation. Olivia is making the organization more ______.Multiple choice question.formalcentralizedmechanisticorganic
In the classical model of decision making, the most appropriate decision possible in light of what is believed to be the most desirable consequences for the organization is known as the ____________ decision.Multiple Choice
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.