Rational decision-making

From CNM Wiki
Revision as of 17:59, 31 May 2020 by MariamKhalid (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Rational decision-making is Decision-making that produces choices that are logical and consistent and maximize value.

Definition

According to Management by Robbins and Coulter (14th edition),

Rational decision-making. Decision-making that produces choices that are logical and consistent and maximize value.