Question

Which of the following statements is true regarding the rational decision-making model?

A) It takes into consideration the limited information-processing capability of individuals.

B) It involves constructing simplified models without capturing all their complexity.

C) It deals with satisficing decisions by seeking solutions that are satisfactory and sufficient.

D) It assumes that an individual is able to identify all relevant options in an unbiased manner.

E) It is an unconscious decision-making process created from distilled experience.

Answer

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