When Managers Make Decisions That Are Rational but Limited by Their

question 120

Multiple Choice

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

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

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Definitions:

Marginalized Groups

Communities or individuals pushed to the edge of society by having less power, money, or social standing, making them vulnerable to discrimination and neglect.

Sanctions

Measures adopted by a state or an international body to restrict or encourage certain actions by individuals, organizations, or countries, often used to enforce laws or rules.

Sociological Research

The process of investigating and analyzing aspects of social life to understand patterns, relationships, and social structures.

Valid Source

Refers to information or reference material that is credible, reliable, and accurately supports research or factual claims.