Natalie wants to make a rational decision about how to best allocate her income. Natalie realized that she does not have enough money to purchase everything she wants this month. She has identified her decision criteria and is currently ranking each alternative option by the criteria she has set. Which two steps of the rational decision-making model is Natalie completing?(2 points) Responses determining the outcome determining the outcome performing an analysis performing an analysis making a final decision making a final decision identifying the problem

1 answer

Natalie is completing the following two steps of the rational decision-making model:

  1. Identifying the problem - She acknowledges that she does not have enough money to purchase everything she wants this month, which is the initial step in the decision-making process.

  2. Performing an analysis - She is ranking each alternative option by the criteria she has set, which involves evaluating the different choices available to her.

So the correct responses are: identifying the problem and performing an analysis.