List four limitations of using rational decision making models

      

List four limitations of using rational decision making models

  

Answers


Faith
i. Time: - it requires a lot of time to collect data, and sort out alternatives
ii. Knowledge :- participants may not have required knowledge to be able to uncover all alternatives and determine all possible outcomes
iii. Individual values and aspirations could interfere with the long process required to make a decision.
iv. Availability of resources- e.g. personal, money, physical facilities etc may not be adequate.


Titany answered the question on August 20, 2021 at 07:51


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