Multiple Choice
According to March and Simon, humans are limited in their ability to interpret, process, and act on information.When the number of suitable alternatives are greater than what a manager can evaluate, Marc and Simon refer to this as
A) prior-hypothesis.
B) bounded rationality.
C) productive blocking.
D) illusion of control.
E) satisficing ambiguity.
Correct Answer:
Verified
Correct Answer:
Verified
Q9: Escalating commitment is the tendency of decision
Q48: Steven, a marketing manager, wants to budget
Q49: Two separate groups of managers are given
Q50: Based on decades of research by Kahenman
Q51: Intrapreneurial managers who leave their current organizations
Q52: Which of the following is a reason
Q54: _ is a critical analysis of a
Q55: Compare and contrast programmed and nonprogrammed decision
Q56: When _ exists, managers are working blind.<br>A)risk<br>B)ambiguous
Q58: Generating creative alternatives to solve problems may