The Concept of Bounded Rationality Holds That

Multiple Choice

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 and therefore rarely select the best choice.
C) decision makers are "bounded" by organizational limitations.
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.