M: Organizational Behavior 2nd Edition by Steven McShane, Mary Von Glinow

Exercise 112

The concept of bounded rationality holds that:
A) our perception of a rational reality is bounded by non rationality.
B) decision makers process limited and imperfect information when making decisions.
C) decision makers have limited alternatives to make decisions.
D) decision makers are bound to project images of themselves as rational thinkers.
E) our realities are bounded by our own perceptions so that everyone's reality is different.