Question

What are the five stages of Nutt's Normative decision making model?

Answer 1

Nutt's Normative Decision Making Model consists of five stages: Traditional society, Preconditions for take-off, Take-off, Drive to maturity, and Age of high mass consumption.

Step-by-step explanation:

Nutt's Normative Decision Making Model

1. Stage 1: Traditional society - This stage represents a society that is predominantly agrarian and based on tradition and custom.
2. Stage 2: Preconditions for take-off - During this stage, a society experiences the development of infrastructure and institutions that are necessary for economic growth.
3. Stage 3: Take-off - In this stage, a society experiences rapid industrialization and economic growth.
4. Stage 4: Drive to maturity - This stage represents a stable and developed economy with advanced industries.
5. Stage 5: Age of high mass consumption - In this stage, the society experiences high levels of consumption and consumerism.