Which of the following describes the rational decision

model?

A using solely emotional reactions to the decision alternatives Correct Answer Incorrect Answer

B using logic to choose the best alternative Correct Answer Incorrect Answer

C Flipping a coin Correct Answer Incorrect Answer

D Using gut feeling to make choice Correct Answer Incorrect Answer

E Combination of logic and intuition Correct Answer Incorrect Answer

Solution

Rational decision making is a multi-step process for making choices between alternatives. The process of rational decision-making favors logic, objectivity, and analysis over subjectivity and insight. The rational decision-making process involves careful, methodical steps like identifying the problem, identifying the alternatives, evaluating them and them selecting the best alternative

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Relevant for Exams:

NABARD GRADE A

NABARD Grade B

NABARD GRADE A

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