Which model relies on gut feelings and instincts to make decisions? Group of answer choicesIntuitive decision making modelSatisficing modelBounded rationality modelGarbage can model
Question
Which model relies on gut feelings and instincts to make decisions? Group of answer choicesIntuitive decision making modelSatisficing modelBounded rationality modelGarbage can model
Solution
The model that relies on gut feelings and instincts to make decisions is the Intuitive decision making model. This model is less structured and more flexible than traditional decision-making models, and it heavily relies on the decision maker's intuition, experience, and instincts.
Similar Questions
Which decision making model involves identifying criteria, generating alternatives, and evaluating alternatives? Group of answer choices Bounded rationality model Intuitive decision making model Satisficing model Rational decision making model
When making decisions under conditions of uncertainty, which decision-making model suggests that individuals select the first acceptable solution rather than exploring all alternatives?Choices:- Satisficing Model Intuitive Decision-Making Model Rational Decision-Making Model Intuitive Decision-Making Model
The three main models that managers use to make decisions areRational, irrational, bounded rationalRational, bounded rational, intuitiveIntuitive, unintuitive, rationalBounded rational, intuitive, systematic
What is the 2nd step in the rational decision-making model?Group of answer choicesCollect relevant informationEvaluate decision effectivenessSpecify decision criterionClarify the problem
It can become instinctive and trained response in every moral experience in order to make decision.*2 pointsYour answer
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.