Which of the following statements is true in the context of selecting the best alternative? a. The decision maker can only select one best alternative. b. The decision maker can develop subjective estimates and weights for choosing an alternative. c. The decision maker must choose the alternative that involves the most costs. d. The decision maker must only stick to completely rational, mathematical analysis while selecting an alternative. e. The decision maker can choose an alternative that does not pass the consequence, satisfactoriness, and feasibility test.

Question

Business

Tomas Murillo

29 September, 21:35

Which of the following statements is true in the context of selecting the best alternative? a. The decision maker can only select one best alternative. b. The decision maker can develop subjective estimates and weights for choosing an alternative. c. The decision maker must choose the alternative that involves the most costs. d. The decision maker must only stick to completely rational, mathematical analysis while selecting an alternative. e. The decision maker can choose an alternative that does not pass the consequence, satisfactoriness, and feasibility test.

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Lindsay Oneal · Answer 1

d. The decision maker must only stick to completely rational, mathematical analysis while selecting an alternative.

Explanation:

It is most ideal for a decision maker to stick to completely rational way of selecting an alternative as this means that the decision maker will only make choices that will be of maximum benefits and low costs. Factors such as personal feelings, or sense of obligation do not interefere when a decision maker sticks to completely rational and mathematical analysis method of decision making.