In the administrative model of decision making, when the number of possible alternatives to a decision is so large that the manager cannot possibly evaluate all of them before making a decision, which of the following has occurred?
A)satisficing
B)bounded rationality
C)brainstorming
D)devil's advocacy

Question

Quizplus · Accepted Answer

Bounded rationality occurs when decision-makers face limitations in processing all available information and alternatives due to constraints such as time, cognitive capacity, and resources.

In the Administrative Model of Decision Making, When the Number