Herbert Simon Noted That Managers Generally Fail to Make Rational

question 36

Multiple Choice

Herbert Simon noted that managers generally fail to make rational decisions because they are limited by their own values,skills,habits,and unconscious reflexes as well as by incomplete information.What name did Simon give this phenomenon?

• A)Satisficing
• B)Bounded rationality
• C)Brainstorming
• D)Rational decision making
• E)Decision framing

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Definitions:

Electromagnetic Spectrum

The range of all types of electromagnetic radiation, from radio waves to gamma rays, including visible light.

Olfaction

The sense of smell, which is the detection and identification of molecules in the air by the olfactory system.

Interpretation

The process of explaining the meaning of something, often involving judgment and personal perspective.

Perception

The process of interpreting and understanding sensory information from the environment.