question archive When Singapore announced that it was raising the DORSCON status for COVlD—lQ from yellow to orange , there was panic buying at the supermarkets

When Singapore announced that it was raising the DORSCON status for COVlD—lQ from yellow to orange , there was panic buying at the supermarkets

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When Singapore announced that it was raising the DORSCON status for COVlD—lQ from yellow to orange , there was panic buying at the supermarkets . This is likely because people have [a] information on the situation. In such instances, their decisions can be explained by the (b) , (c) , (d) , and (e) models of decision making.

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When Singapore announced that it was raising the DORSCON status for COVID-19 from yellow to orange, there was panic buying at the supermarkets . This is likely because people have (a) false
information on the situation. In such instances, their decisions can be explained by the (b) rational
; (c) bounded-rationality (d) intuitative and (e) creative models of decision making. 

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Reference :

 

"Understanding Decision Making." Principles of Managemen

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