📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    As per the behavioural theory of decision making by

    Herbert Simon, there are three essential stages in the act of problem solving and decision making. What did he call the stage that relates to deciding the criteria by which to make decisions?
    A Intelligence Correct Answer Incorrect Answer
    B Design Correct Answer Incorrect Answer
    C Accumulate Correct Answer Incorrect Answer
    D Draft Correct Answer Incorrect Answer
    E Model Correct Answer Incorrect Answer

    Solution

    Behavioral approach is also known as descriptive approach and administrative model. This theory is proposed by Herbert A Simon, a well known economist, in which he attempts to explain how decisions are made in real life situations. A manager has to make decisions under different conditions and situations.

    Practice Next
    More Introduction of Decision Making Questions

    Relevant for Exams:

    ask-question