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Schach [20]
3 years ago
10

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
Business
1 answer:
alexira [117]3 years ago
3 0

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.

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Technology and planning integration refers to the use of modern technology in order to achieve company's goals more efficiently.
Not only that, implementing technological assistance will lower the total cost made by the company in the long run.

8 0
3 years ago
Identify the marketing research technique implied in the scenario. Tiara is planning to open a small café in her neighborhood. H
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demographic and psychographic segmentation

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5 0
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Decrease her price by $20

Explanation:

Please see attachment for working notes and explanation

8 0
3 years ago
An Engel curve:________.
creativ13 [48]

Answer:

A. slopes upward for normal goods and downward for inferior goods.

Explanation:

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In the case of the normal goods, as the income rises the demand also rises while on the other hand in the case of inferior goods, the income rises the demand false

So it sloped upward for the normal goods and slop downwards for the inferior goods  

3 0
2 years ago
A cosmetic company planned to launch a range of low-cost cosmetics. It decided to undertake research on what kind of cosmetics w
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Audience; to maximize the reach and success of the campaign Strategy;

Explanation:

The element of planning is being identified by this process is Audience

The reason why audience is important in the process is because it has the purposeful intention of maximizing the reach and success of the campaign Strategy.

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8 0
3 years ago
Read 2 more answers
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