This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Describe the rational-economic model of decision making. Why is this approach unrealistic? What ... (Read 49 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jul 7, 2018
Describe the rational-economic model of decision making. Why is this approach unrealistic?
 
  What will be an ideal response?

Question 2

Face-to-face talks, telephone conversations, letters, and e-mail messages are classified as
 
  A) planned communication. B) workplace communication. C) verbal communication. D) informal communication.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zogaridan

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jul 7, 2018
Answer to Question 1

The rational-economic approach examines and evaluates all possible alternatives to reach an optimal decision. This model assumes that people have access to complete and perfect information and use it to make perfect decisions. However, decision makers rarely, if ever, have complete and perfect information or the time to evaluate it. The administration model, including the concepts of bounded rationality and satisficing, recognizes that people generally do not act in a completely rational-economic manner.

Answer to Question 2

C


tingc95

  • Member
  • Posts: 556
Reply 2 on: Jul 7, 2018
Excellent

Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

A model for recessive epistasis A model for recessive epistasis
The Making of Black Harlem The Making of Black Harlem
Three-dimensional model of DNA. Three-dimensional model of DNA.
The Holliday model for homologous recombination The Holliday model for homologous recombination
The Meselson–Radding model for homologous recombination The Meselson–Radding model for homologous recombination
Making Low-Fat Choices Making Low-Fat Choices
Video: Mycobacterium tuberculosis: Drug Resistance and Natural Selection

For a complete list of videos, visit our video library