Bounded rationality recognises that managers are cognitively limited in the _________.
A)problems they can identify
B)logical assumptions they can understand
C)amount of information they can process
D)criteria they can use

Question

Quizplus · Accepted Answer

Bounded rationality assumes that managers cannot process all available information and must make decisions based on a limited amount of information, which can lead to less than optimal decisions.

Bounded Rationality Recognises That Managers Are Cognitively Limited in the _________