Rational model of the decision making process


Use an essay format in a maximum of 2000 words to discuss and critically analyze the following statement:

Deviations from the rational model of the decision making process are mostly due to behavioral factors, organizational learning, and a bias to previous experience and background.

(Use relevant real-life examples or the literature to support your arguments and analysis).

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Accounting Basics: Rational model of the decision making process
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