Which models are characteristic nonrational models of decision making? Models that describe how managers actually make decisions Models that try to predict future behaviors and consequences Models that describe how managers should make decisions Models that train managers how to make ethical decisions

Question

Goose

Social Studies

25 September, 23:54

Which models are characteristic nonrational models of decision making? Models that describe how managers actually make decisions Models that try to predict future behaviors and consequences Models that describe how managers should make decisions Models that train managers how to make ethical decisions

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Alexzander Estrada · Answer 1

Models that describe how managers actually make decisions.

Explanation:

The "nonrational model" is another approach to decision-making. It tackles on the importance of "emotions" when it comes to supporting the decision-making process. Since decisions carry uncertainty, the person's tolerance for risk is being considered as a factor here. An example of this model is Herbert A. Simson's cognitive styles (maximizers & satisficers). Maximizers take a long time to come up with an optimal decision while the satisficers prioritize a satisfactory solution.

So, this explains the answer.