Satisficing is often used when decision-makers face time constrains, limited information, or other practical limitations.1 pointTrueFalse

Satisficing is often used when decision-makers face time constrains, limited information, or other practical limitations.1 pointTrueFalse

In decision analysis, decision-makers must specify the criteria or metrics used to evaluate and compare different alternatives.1 pointTrueFalse

Decision criteria are used to evaluate and compare different decision strategies or paths through the tree. 1 pointTrueFalse

Which decision making model is often used in the absence of strategic management?Choices:- Classical Incremental Garbage Can Administrative

Decision making is important to achieve the organizational goals/ objectives within the given _____ and budget.Choices:- Time Resource Capital Information