Question

Riley is a manager at the Tinker Tools. She is expected to make decisions that are in the organization's best economic interests. Her decisions should most likely be based on which of the following models of decision making?

Option 1: Bounded rationality.
Option 2: Satisficing.
Option 3: Normative model.
Option 4: Rational model.

Answer 1

Riley should base her decisions on the Rational model of decision making, which assumes that individuals will make decisions by evaluating all available information and choosing the option that maximizes their economic outcomes. Option 4

Step-by-step explanation:

Riley, as a manager at Tinker Tools, is expected to make decisions that are in the organization's best economic interests. Based on this scenario, her decisions should most likely be based on the Rational model of decision making.

The Rational model assumes that individuals will make decisions by evaluating all available information and choosing the option that maximizes their economic outcomes. This model is based on the assumption of rationality and aims to achieve the most optimal decision. Option 4