Which of the following is an external constraint of bounded rationality that reduces rational decision making?
A)Capital availability
B)Plant and equipment
C)Internal processes
D)Human capital
E)Technology

Question

Quizplus · Accepted Answer

Examples of internal resources that reduce rational decision making are the organization's human and social capital, financial resources, technology, plant and equipment, and internal processes and systems. External resources include things the organization cannot directly control such as employment levels in the community, capital availability, and government policies.

Which of the Following Is an External Constraint of Bounded