Business, 24.04.2020 22:41 feliciagraham14

In the classical model of decision making, managers use satisficing to select the optimum solution. apply representativeness bias to identify alternatives. create heuristics to simplify the process. identify and evaluate all possible alternatives before choosing a course of action. use intuition to select the most satisfactory solution.

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In the classical model of decision making, managers use satisficing to select the optimum solution....

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