Question

In what ways do the classical and administrative models of decision making help managers appreciate the complexities of real-world decision making?

Answer 1

In a perfect world managers would have all the information they needed and could take as much timeas required to make the optimal decision.Since we all know these conditions rarely exist we can lookat the administrative model.It has three concepts that allow managers to use limited time andinformation to make a practical decision.

Answer 2

The classical and administrative models of decision-making aid the directors realizes various features and causes which can affect the decision-making procedure.

What are the classical and administrative models of decision-making?

Classical model:

The classical model of decision-making is also called the rational model. It is the prime outcome of the brain to check out the principle behind any particular decision.

It defines how  the decision should be executed to attain the desirable result.

Administrative model:

The administrative model of decision-making examines into how managers really make decisions in challenging states.

The classical and administrative model uses the three ideas that permit managers to apply minor time and message to make a working decision. These consider complexities, assumptions, and pitfalls.

Therefore, the aid of the directors realizes various features and causes which can affect the decision-making procedure.

Learn more about the decision-making, refer to:

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