Question

Which of the following statements is true regarding the rational decision-making model?

Select one:
a. It takes into consideration the limited information-processing capability of individuals.
b. It involves constructing simplied models without capturing all their complexity.
c. It deals with satiscing decisions by seeking solutions that are satisfactory and sucient.
d. It assumes that an individual decision-maker is able to identify all relevant options in an unbiased manner.

Answer 1

The correct option is d. The rational decision-making model assumes that an individual can identify all the relevant options in an unbiased manner.