Examlex
When you need to reject a proposal you solicited,you owe the sender an explanation.In such cases,the indirect approach is better than the direct approach because the news will be unexpected.
Perfectly Rational
Refers to a theoretical condition in decision-making where individuals make decisions by fully optimizing and considering all available information and potential outcomes.
Ambiguous Situations
Scenarios that lack clarity and can be interpreted in multiple ways.
Satisficing
A decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution.
Satisfactory Alternative
An option that fulfills the requirements or needs to an acceptable degree, though it may not be the best possible choice.
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