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Patricia Nicole Navarro
on Oct 22, 2024

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A manager who is choosing the first acceptable alternative that comes to his or her attention while solving a problem is making an optimizing decision.

Optimizing Decision

Choosing the best possible alternative from available options with the aim of maximizing desired outcomes or minimizing negative impacts.

  • Distinguish between traditional decision-making theories and behavioral decision-making theories.
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Parimal PatelOct 25, 2024
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