Which decision making model is based on the principles identified with western cultures?

Kitcheners critical evaluation model More test answers on https://studyhippo.com/mft-terms/

What does the term “big data” refer to when making decisions? a. The use of intuition and hunches b. The use of brainstorming when making decisions c. The use of statistical compilation and analysis d. The use of the personal decision making model e. The use of the logical decision making model

c. The use of statistical compilation and analysis More test answers on https://studyhippo.com/obm-exam-1-example-test-questions-obm-practice-questions/

Decision Making Model: Step 1

Need Recognition- consumer realizes they have some want need or desire More test answers on https://studyhippo.com/marketing-topic-5-consumer-behavior/

Decision Making Model: Step 3

Identification of Alternatives- occurs with high involvement, means finding out what the choices are More test answers on https://studyhippo.com/marketing-topic-5-consumer-behavior/

The implementation phase of Simon’s decision making model includes choosing among solution alternatives.

Answer: FALSE More test answers on https://studyhippo.com/mis-ch12/

Consumer Decision Making Model

Behind the visible act of making a purchase lies an important decision process and consumer experience that must be investigated More test answers on https://studyhippo.com/exam-2-marketing-notes/

What needs to be considered in evaluating the quality of ones decisions? A) Is evaluation necessary when using a good decision making model? B) Can evaluation be eliminated if the problem is resolved? C) Will the effectiveness of the decision maker be supported? D) Will the evaluation be helpful in increasing one’s decision-making skills?

D More test answers on https://studyhippo.com/ch-1-decision-making-problem-solving-critical-thinking-and-clinical-reasoning-requistes-for-successful-leadership-and-management/

The implementation phase of Simon’s decision making model includes choosing among solution alternatives

False More test answers on https://studyhippo.com/ds-3841-tf-chapter-12/

Decision Making Model: Step 5

Purchase Decision- what to buy and where. 1. product buying motive- reason for buying a product or brand 2. patronage buying motives- reasons for buying from a particular source More test answers on https://studyhippo.com/marketing-topic-5-consumer-behavior/

The classical decision making model assumes that the decision maker is rational, and makes the optimal decision each time

True More test answers on https://studyhippo.com/management-chapters-4-7-and-9/

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