Final answer:
Riley should use the Economic Decision Making Model to make decisions that are in Tinker Tools' best economic interests, based on rationality and informed choices.
Step-by-step explanation:
Riley, as a manager at Tinker Tools, is expected to make decisions that align with the company's best economic interests. Given this information, her decisions should be based on the Economic Decision Making Model. This model assumes rationality, which suggests that individuals, like Riley, take all available information and make consistent, informed decisions that serve their best interests. In contrast, the Ethical, Behavioral, and Humanistic Decision Making Models focus on different aspects such as moral principles, psychological influences, and human values respectively.
While behavioral economics provides an alternative viewpoint by recognizing that people often make decisions that are seemingly irrational, the traditional economic models encourage rational decision-making. It is important to note that the economic model is not a literal description of how decisions are always made in reality; however, it provides a framework for decision-making that promotes rational and economically beneficial choices within an organization. Riley's role requires adherence to the economic model framework to ensure that her decisions are made with the organization's financial well-being in mind.