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How Are Managers Affected by Bounded Rationality

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How are managers affected by bounded rationality?


Definitions:

Market Value

The present cost at which an asset or service is available for purchase or sale in a market.

Share

A unit of ownership in a company or financial asset, representing a proportion of the corporation's capital.

Stock

Shares of ownership in a corporation, representing a claim on the company's assets and earnings.

Stock Dividends

A distribution of additional shares of a company's stock to its shareholders instead of cash.

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