The limitations of bounded rationality result in the tendency to acquire manageable rather than optimal amounts of information.
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Q9: The rational model is based on the
Q10: According to the concept of bounded rationality,
Q11: A decision-making style reflects the combination of
Q12: Evidence-based management can stifle employee involvement and
Q13: A problem exists when the actual situation
Q15: The rational process makes the reasoning behind
Q16: Optimizing involves solving problems by choosing solutions
Q17: The hindsight bias occurs when knowledge of
Q18: The garbage can model of decision making
Q19: Escalation of commitment can be reduced by
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