Answer to Question 1
Answer: A decision maker who is perfectly rational is fully objective and logical. The problem faced is clear and unambiguous. The decision maker has a clear and specific goal. He is aware of all possible alternatives and consequences. Making decisions consistently leads to selecting the alternative that maximizes the likelihood of achieving that goal.
These assumptions apply to any decision personal or managerial. For managerial decision making, an additional assumption is that decisions are made in the best interests of the organization. However, most of these assumptions of rationality are not very realistic.
Answer to Question 2
Answer: FALSE
The patient and his family meet with the nurse to discuss progress on the patient care plan.
Validity versus Reliability
A medical assistant listening to the patient and physician discuss the patient's care.
Assumptions of race-ethnicity can have unusual consequences. In this photo, Ethiopian Jews in ...
Like other aspects of culture, religion is filled with background assumptions that usually go ...
The general description of allele and genotype frequencies under Hardy–Weinberg assumptions