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econologic decision making model [1 record]

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Alphabetical list of terms

Record 1 1981-04-06

English

Subject field(s)
  • Management Operations (General)
OBS

A model of the decision making process in which (a) the steps are carried out in an orderly sequential order; (b) all attempts are made to identify and analyse all alternative courses of action; and (c) the best one is then chosen. The model is considered more idealistic than realistic. (See also Bounded Rationality Decision Making Model.)

French

Domaine(s)
  • Opérations de la gestion (Généralités)

Spanish

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