Asked by
Patricia Nicole Navarro
on Oct 22, 2024Verified
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.
Verified Answer
PP
Learning Objectives
- Distinguish between traditional decision-making theories and behavioral decision-making theories.
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