In a complex work environment, a manager does not have enough time to identify and reflect on all the information needed to make decisions. This situation is most consistent with which of the following concepts?
A) Bounded rationality
B) The classical model of decision making
C) Satisficing
D) Brainstorming
E) Scientific management

Question

Quizplus · Accepted Answer

Bounded rationality is the concept that in a complex work environment, a manager does not have enough time to gather and analyze all information needed to make decisions. Therefore, they use heuristics, simplify information and satisfice, rather than making an optimal decision.

In a Complex Work Environment, a Manager Does Not Have