As stated in the administrative model of decision making, why wouldn't managers be able to arrive at the optimum or ideal decision even if they had unlimited ability to evaluate information?

Question

Diya Boone

Social Studies

16 April, 14:56

As stated in the administrative model of decision making, why wouldn't managers be able to arrive at the optimum or ideal decision even if they had unlimited ability to evaluate information?

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Sophie Le · Answer 1

They would not have the complete information.

Explanation:

As stated in the administrative model of decision making, managers wouldn't be able to arrive at the optimum or ideal decision even if they had unlimited ability to evaluate information because they would not have the complete information. According to bounded rationality, administrative managers would have more alternatives than they would evaluate and they would reach a decision that is good enough, but not the optimum or ideal decision.