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The Concept of Bounded Rationality Holds That

Question 178

Multiple Choice

The concept of bounded rationality holds that:


A) decision makers are "bounded" by organizational limitations.
B) our realities are bounded by our own perceptions so that everyone's reality is different.
C) decision makers process limited and imperfect information and therefore rarely select the best choice.
D) decision makers are bound to project images of themselves as rational thinkers.
E) our perception of a rational reality is bounded by non rationality.

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