What is the term for the model that seeks to identify the way that individuals take in, use, and store information?

The correct answer to the following question will be "Informational processing approaches ".

Explanation:

Cognitive psychology has taken the approach of sensory thinking as a concept of how thoughts of human works. Therefore the approach to information processing personifies thought as the world supplying data analysis, which our perceptions then turn.

So, it's the right answer.