When Managers Make Decisions That Are Rational but Limited by Their

question 86

Multiple Choice

When managers make decisions that are rational but limited by their ability to process the information,they are exhibiting the concept of ________.

• A)cognitive decision making
• B)bounded rationality
• C)escalation of commitment
• D)intuitive decision making

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Definitions:

Ambrosia

In mythology, ambrosia is often considered the food or drink of the gods, granting longevity or immortality upon consumption.

Ambrosia

In classical mythology, the food of the gods, or in general usage, something extremely pleasing to taste or smell.

Rocks Oxidize

The chemical process where rocks react with oxygen, leading to changes in their mineral composition and often causing them to weaken or crumble.

Earth's Surface

The outermost layer of the Earth, consisting of the crust and parts of the upper mantle that interact directly with the biosphere and atmosphere.