Managers who exhibit bounded rationality
A)might be operating under time constraints.
B)might be factoring political considerations into decisions.
C)might be limited in their capacity to acquire and process information.
D)might be subject to cognitive biases.
E)All of the above

Question

Quizplus · Accepted Answer

Bounded rationality refers to the limitations on human decision-making caused by factors such as time constraints, limited information processing capacity, political considerations, and cognitive biases.

Managers Who Exhibit Bounded Rationality