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Non rational refers to the limitations of knowledge , information

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Q: Non rational model of decision making?
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2 Explain any two models of decision-making process Which model best characterizes your organizations or an organization you are familiar with decision process cite examples to justify your answer?

The two methods are rational model and non-rational models. Rational models requires managers to use a four-stage sequence in making decisions. Non-rational models try to focus on how decisions should be made. Pharmaceutical companies preferÊnon -rational models because they assume that decision making is uncertain.


Is considering opportunity costs is a rational thing for consumers to do?

What you sacrifice for a decision is one of the non-monetary costs of many choices.


Is considering opportunity costs is a rational thing for consumers to do what?

What you sacrifice for a decision is one of the non-monetary costs of many choices.


What explains why considering opportunity costs is a rational thing for consumers to do?

What you sacrifice for a decision is one of the non-monetary costs of many choices.


Is a fraction always a rational number?

No, a fraction such as 22/7 (approximately pi), is a non-terminating, non-repeating fraction, making it irrational.


What best explain why considering opportunity costs is a rational thing for consumers to do?

What you sacrifice for a decision is one of the non-monetary costs of many choices.


What best explains why considering opportunity costs is a rational thing for consumers do?

What you sacrifice for a decision is one of the non-monetary costs of many choices.


Are all non-terminating decimals irrational?

0.3333... non-terminating = 1/3 (rational) 0.1666... non-terminating = 1/6 (rational) 0.0666... non-terminating = 1/15 (rational) 0.1111... non-terminating = 1/9 (rational) 0.3636... non-terminating = 4/11 (rational) 0.428571428... non-terminating = 3/7 (rational) I guess not .


Why do humans make logical errors in problem solving and decision making?

humans do logical errors in problem solving and decision making because of non-existence of sufficient ....WISDOM.


Is 75.082106 repeating rational or irrational?

The number 75.082106 with a repeating decimal is rational. A rational number can be expressed as a fraction of two integers, where the denominator is not zero. In this case, the repeating decimal can be written as a fraction, making it a rational number. Irrational numbers cannot be expressed as fractions and have non-repeating, non-terminating decimal expansions.


Which of the following best explains why considering opportunity cost is a rational thing for consumer to do?

What you sacrifice for a decision is one of the non-monetary costs of many choices


What is non integral rational numbers?

It is a rational fraction.