New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    Rational decision making is relies on

    _______
    A Intuition Correct Answer Incorrect Answer
    B Objectivity Correct Answer Incorrect Answer
    C Subjectivity Correct Answer Incorrect Answer
    D A and B Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Rational decision makingis a multi-stepprocessformakingchoices between alternatives. Theprocessofrational decision makingfavors logic, objectivity, and analysis over subjectivity and insight. The rational decision-making process involves careful, methodical steps like identifying the problem, identifying the alternatives, evaluating them and them selecting the best alternative

    Practice Next

    Relevant for Exams: