Classical Decision Making Model


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question 1 of 3

Which description best fits the classical decision-making model?

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1. Which of the following is not an assumption of the classical decision-making model?

2. What is the first step of the decision-making process, as recommended by the classical model?

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About This Quiz & Worksheet

The classical decision-making model and its components are topics you can gauge your knowledge of thanks to the quiz and worksheet. You can pass the quiz if you know about the steps of this model and its purpose.

Quiz & Worksheet Goals

You will be quizzed over the following business topics:

  • The final step of decision-making according to the classical model
  • What the classical decision-making model states
  • A con of the classical decision-making model
  • The first step of the decision-making
  • Assumptions of this model

Skills Practiced

  • Making connections - use understanding of the concept of the classical decision-making model and its purpose
  • Knowledge application - use your knowledge to answer questions about steps in decision-making
  • Information recall - access the knowledge you have gained about assumptions of the classical decision-making model

Additional Learning

Use your time to go through the lesson named Classical Decision Making Model so that you can complete the following objectives:

  • Identify the different assumptions of the classical decision-making model
  • Determine why the classical decision-making model was created
  • Analyze the pros and cons of the classical model