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March and Simon developed three important concepts in their administrative model of decision making.Discuss these three concepts and explain how they would apply to a realistic business-decision situation of your choosing.
Morality
Principles concerning the distinction between right and wrong or good and bad behavior.
Altruism
The selfless concern for the well-being of others, often manifested through acts of kindness or generosity.
Big Five Traits
A concept that categorizes human personality into five key categories: openness, conscientiousness, extraversion, agreeableness, and neuroticism.
Neuroticism
A characteristic that represents a consistent inclination towards feeling negative or anxious emotions over an extended period.
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