The bounded rationality model reflects individual's or team's tendencies to do all of the following except ______.
A) select an alternative that will provide the maximum possible gain
B) undertake a limited search for alternative solutions
C) cope with inadequate information and control of external and internal environmental forces influencing the outcomes of decisions
D) select less than the best goal or alternative solution

Question

Quizplus · Accepted Answer

The bounded rationality model takes into account that individuals or teams may not always select the alternative that will provide the maximum possible gain, but rather choose a satisfactory solution that fits within the constraints and limitations of the situation.

The Bounded Rationality Model Reflects Individual's or Team's Tendencies to Do