Simon's Theory of Bounded Rationality Asserts That People Frequently Make

question 125

Multiple Choice

Simon's theory of bounded rationality asserts that people frequently make

• A) rational decisions that are less than optimal.
• B) irrational decisions that are less than optimal.
• C) rational decisions that are optimal.
• D) irrational decisions that are optimal.

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Definitions:

Technology Use

The application and implementation of scientific knowledge for practical purposes, especially in industry and everyday life through devices, systems, and methods.

Internet Users

Individuals who use the internet to access information, communicate, or engage in other activities online.

Mobile Device

Electronic gadgets that are portable, often capable of connecting to the internet and running applications, such as smartphones and tablets.

Social Media

Platforms and websites that facilitate interactive and social communication among users, enabling sharing of content and ideas.