Examlex
Bounded rationality recognises that managers are cognitively limited in the _________.
Prejudice
Preconceived opinion or judgment about an individual or group that is not based on reason or actual experience, often involving negative or discriminatory views.
Discrimination
The ability or practice to distinguish and differentiate between items or conditions, often leading to unfair treatment based on specific characteristics.
Milgram
Refers to Stanley Milgram, a psychologist known for his experiment on obedience demonstrating people's willingness to follow orders.
Conformity
The act of matching attitudes, beliefs, and behaviors to group norms or expectations, often to fit in or be accepted by others.
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