The bounded rationality model's focus is on how decisions
A) should be made
B) should not be made
C) follow a logical process
D) escalate
E) are actually made

Question

Quizplus · Accepted Answer

The bounded rationality model's focus is on how decisions are actually made, recognizing that decision-makers have limited information, time, and cognitive abilities. The model acknowledges that decisions may not always follow a fully logical and rational process.

The Bounded Rationality Model's Focus Is on How Decisions