After reflecting on his staff's decision-making abilities,James reaches the conclusion there are limitations on a person's ability to interpret,process and act on information.His opinion reflects
A)groupthink.
B)bounded rationality.
C)satisficing.
D)anchoring.
E)confirming.

Question

Quizplus · Accepted Answer

James's opinion of limitations on decision-making abilities reflects bounded rationality, which is the idea that humans have a limited capacity to process, understand, and act on information due to cognitive and environmental constraints. This concept suggests that decision-makers may not always make the most optimal or rational decisions because of these limitations.

After Reflecting on His Staff's Decision-Making Abilities,James Reaches the Conclusion