The Bounded Rationality Model Assumes That Managers _____ Because the Costs

question 40

Multiple Choice

The bounded rationality model assumes that managers _____ because the costs of optimizing in terms of time and effort are too great.

• A)satisfice
• B)rationalize
• C)examine facts and details
• D)reject heuristics

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Definitions:

Types Of Validity

Refers to how well a test measures what it is intended to measure, including construct, criterion, and content validity.

Class Discussion

An educational technique involving open dialogues within a classroom setting, aimed at enhancing understanding through collective input.

Intergroup Conflict

A state of affairs in which groups having opposing interests take antagonistic actions toward one another to control some outcome important to them.

Observational Research

A research method involving the systematic recording of observable behaviors or events in their natural setting without intervention by the researcher.