Which Phrase Best Describes the Term "Bounded Rationality

question 130

Multiple Choice

Which phrase best describes the term "bounded rationality"?

• A)thinking a problem through clearly before acting
• B)taking care not to exhaust limited resources
• C)the result of departmentalized decision making
• D)limits imposed on decision making by costs, time, and technology
• E)the use of extremely structured steps in the decision-making process

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Definitions:

Subjunctive Words

Words used to express wishes, necessity, uncertainty, or conditionality, often seen in languages with a subjunctive mood.

Lack of Confidence

The feeling or state of uncertainty about oneself, reflecting doubts about one's abilities, decisions, or worthiness.

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