Which of the Following Is True About the Definition of Bounded

question 85

Multiple Choice

Which of the following is true about the definition of bounded rationality?

• A) Managers rely on their inborn ability to synthesize information quickly and effectively.
• B) Managers have access to complete and accurate information for making a decision.
• C) Managers adhere to rules of thumb when making decisions.
• D) Statistical probabilities can be attributed to alternative potential outcomes.
• E) Managers do not always have access to the resources required to make rational decisions.