When Managers Make Decisions That Are Rational but Limited by Their

question 115

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
• E) objective rationality

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Definitions:

Associative Learning

The process of learning in which a connection or association is formed between two stimuli or between a behavior and a stimulus.

Excessive Amount

An amount that is much more than what is reasonable or necessary.

Cognitive Processes

Mental actions or operations that support learning, reasoning, memory, and problem-solving.

Puff of Air

A brief blast or gust of air, often used in experimental contexts to test sensory sensitivity or as a form of stimulus.