Examlex
Ethnocentrism is based on the assumption that one's own way of life is superior to all others.
Bounded Rationality
A concept that individuals make decisions based on the limited information available to them, restricting them from making 'perfect' choices.
Implicit Favorites
The subconscious preference for certain individuals over others, often influencing decision-making and behavior unconsciously.
Decision Structure
The organizational framework that outlines how decisions are made, who makes them, and the processes used to reach conclusions.
Nonprogrammed Decision
Decisions made in response to situations that are unique, are poorly defined and largely unstructured, and have important consequences for the organization.
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