Question

When we say that the classical model of decision-making specifies how managers should make decisions, this is another way of saying that this model is: A. heuristic. B. prescriptive. C. incomplete. D. intuitive. E. satisficing.

Answer 1

Answer: Prescriptive model

Explanation: These are the models which are used by the actual decision makers. These models could be used and customized as per the specific situations that may arise. These models combine the theory with the practical observations.

Thus, we can conclude that the classical models are concluded as they are used by the managers who are the supreme authority for decision making and lay down the whole process from start to end.