Question

As a manager, Colin realizes that there is no single formula for making easy decisions. In reality, business decisions he has to make involve uncertainty and risk. This describes the _____ model of decision making. complacent prescriptive rational nonrational

Answer 1

Answer: Nonrational

Explanation: The nonrational model of decision making comes in the aspects of deciding on and pursuing a method of action that will satisfy the minimum requirements to achieve a particular goal, increments, and understanding without deliberate thinking that are administrative and realistic in the decision-making process.

However, with nonrational decision-making involving uncertainty and lack of available information to carry out a reasonable decision, there is a possibility of adverse results with the decision made and the likelihood of an effect tending to cause harm to the organization respectively. Also, this model of decision making is expensive and time-consuming altogether.