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Herbert Simon Noted That Managers Generally Fail to Make Rational

Question 36

Multiple Choice

Herbert Simon noted that managers generally fail to make rational decisions because they are limited by their own values,skills,habits,and unconscious reflexes as well as by incomplete information.What name did Simon give this phenomenon?


A) Satisficing
B) Bounded rationality
C) Brainstorming
D) Rational decision making
E) Decision framing

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