Question

When the goal of the decision making exercise is to make a satisfactory decision because you are limited in some way such as time, you should utilize Select one:
a. the rational decision-making model.
b. the intuitive decision-making model.
c. the bounded rationality decision-making model.
d. the creative decision-making model.

Answer 1

Answer:

b. the intuitive decision-making model.

Explanation:

The intuitive decision-making model refers to the ability to gather information that other individuals may miss, in other words it is called as the sixth sense. Something in your "guts" tell you which could be the satisfactory decision to make. This is utilized when we don't have much time to use analytics or facts in order to make a decision.  

In this example, when the goal of the decision making exercise is to make a satisfactory decision limited in time, you should utilize b. the intuitive decision-making model.