In the bounded rationality approach,all of the following assumptions are made except:
A) The consequences of alternative decisions can be predicted
B) Decision makers rarely have all the information they need or want
C) The organization's goals constrain decision making
D) Conflicting goals can force a compromise solution

Question

Quizplus · Accepted Answer

In bounded rationality approach, one assumption is that the consequences of alternative decisions cannot be predicted with complete accuracy. This is due to the limited information and cognitive abilities of decision makers, making it difficult to identify all the possible outcomes of a decision. Therefore, option A is not a valid assumption in this approach.

In the Bounded Rationality Approach,all of the Following Assumptions Are