Which of the following statements is true regarding

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Chapter 11 / Exercise 11.13
Essentials of Business Communication
Guffey/Loewy
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54) Which of the following statements is true regarding the rational decision-making model?A) It takes into consideration the limited information-processing capability of individuals.B) It involves constructing simplified models without capturing all their complexity.C) It deals with satisficing decisions by seeking solutions that are satisfactory and sufficient.D) It assumes that an individual is able to identify all relevant options in an unbiased manner.E) It is an unconscious decision-making process created from distilled experience.Answer:
D55) What is the first step in the rational decision-making model?
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Essentials of Business Communication
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Chapter 11 / Exercise 11.13
Essentials of Business Communication
Guffey/Loewy
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B56) Anne Warner, a climate campaigner at an environmental organization, is in charge of implementing a campaign activity where she needs to increase the use of renewable energy in the villages of Vietnam. For her project, she uses the rational decision-making model to implement activities. She has just completed identifyingan appropriate criteria for decision making and has allocated weights to the criteria. Which of the following is Warner most likely to undertake next according to the model?
A57) With reference to decision making, which of the following does satisficing involve?
B58) Emily Boyce, a project manager at an insurance firm, regularly satisfices while making decisions. She often comes across complicated problems which would take a long time to resolve. Due to the pressing deadlines, sheoften meets project goals by satisficing a large number of her decisions. Which of the following is Boyce most likely to do?A) seek complete information while making decisionsB) search for solutions that are reasonableC) identify all possible options to solutionsD) analyze each alternative in an unbiased mannerE) choose the optimal solution to each problemAnswer:
B

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