In Evaluating Alternative Solutions, Decision Makers with Bounded Rationality

question 113

Multiple Choice

In evaluating alternative solutions, decision makers with bounded rationality

• A)know the ultimate value of each alternative.
• B)often consider the political acceptability of the solution to other organizational members.
• C)know the probability that each alternative will work.
• D)tend to exhibit maximization.
• E)rarely engage in satisficing.

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Definitions:

Contextual Influences

The impact of environmental and situational factors on individuals' thoughts, behaviors, and feelings.

Cultural Factors

Elements related to the shared beliefs, values, norms, and practices that influence the behavior, perceptions, and interactions of individuals within a particular group or society.

Biological Factors

Aspects of biological systems, including genetic, neurochemical, and physical conditions, that affect behaviors, health, and development.

Early Socialization

The process through which young individuals learn and adopt the norms, values, behaviors, and social skills appropriate to their society.