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Steve, the CEO of a software company, wants to find out whether his employees work as a cohesive team.Steve can conclude that his employees work as a healthy cohesive team:
Limited Information
Situations where the data or knowledge available is insufficient or incomplete.
Risk Propensity
The inclination or tendency of an individual or organization to take risks or engage in behaviors with uncertain outcomes.
Anticipated Outcomes
The expected results or consequences of an action or decision, based on predictive analysis or foresight.
Bounded Rationality
A concept that decision-makers are limited by their information, cognitive limitations, and time constraints when making choices.
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