Which of the Following Is True of Theories Based on the Bounded

question 48

Multiple Choice

Which of the following is true of theories based on the bounded rationality models?

• A) It assumes that people are inefficient processors of information.
• B) It assumes that people use complete information and incomplete analyses to make decisions.
• C) It assumes that people have unlimited abilities to obtain and process information.
• D) It assumes that the human mind is fundamentally irrational.

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Definitions:

Procedural Justice

The perception of fairness in the processes and procedures that are used to make decisions and allocate resources within an organization.

Structural Rules

The established guidelines or principles that define the configuration, construction, or procedure within a structure or system.

Social Rules

Implicit or explicit guidelines that govern behavior within a group or society.

Feelings of Equity

Perceptions of fairness in treatment, rewards, and workload among individuals or groups.