Imagine that you are the head of a construction company, and you have to make key purchase decisions. Whenever you get a new project, you make decisions based on your past experience and you incrementally make improvements to your decision. You compare the decisions one after another to improve them. choose the model that is discussed in this scenario. O a. Rational model O b. Muddling model O c. Maximizing model O d. Satisficing model

Information Technology Project Management
9th Edition
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Kathy Schwalbe
Chapter11: Project Risk Management
Section: Chapter Questions
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As a General manager in Cello plastics you are the key decision maker of the company. you examine alternatives to establish a mix of
goals and choose policies that are marginally different from those of the past. The decision-making model discussed here is
O a. Maximizing model
O b. Satisficing model
O c.
Rational model
O d. Muddling model
Transcribed Image Text:As a General manager in Cello plastics you are the key decision maker of the company. you examine alternatives to establish a mix of goals and choose policies that are marginally different from those of the past. The decision-making model discussed here is O a. Maximizing model O b. Satisficing model O c. Rational model O d. Muddling model
Imagine that you are the head of a construction company, and you have to make key purchase decisions. Whenever you get a new
project, you make decisions based on your past experience and you incrementally make improvements to your decision. You compare
the decisions one after another to improve them. choose the model that is discussed in this scenario.
O a.
Rational model
O b. Muddling model
O c. Maximizing model
O d. Satisficing model
Transcribed Image Text:Imagine that you are the head of a construction company, and you have to make key purchase decisions. Whenever you get a new project, you make decisions based on your past experience and you incrementally make improvements to your decision. You compare the decisions one after another to improve them. choose the model that is discussed in this scenario. O a. Rational model O b. Muddling model O c. Maximizing model O d. Satisficing model
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