Question
Download Solution PDFWhich approach of decision-making involves solving a problem using traditional means?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFDecision-making may be classified under various categories based on the scope, importance, and impact.
Important Points
- The routine approach is sometimes referred to as the prescriptive, rational, or normative paradigm.
- It outlines how decisions should be made in order to achieve the intended result.
- Decisions are logically determined and focused on a single, fixed aim in the classical method.
- It is used in situations where the decision maker has complete information about the problem and is aware of all possible solutions.
- It is an excellent method for making decisions.
- It is reasonable in the sense that it is scientific, methodical, and sequential.
Therefore, the correct answer is Routine Approach.
Last updated on Jun 30, 2025
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