In the Bounded Rationality Approach,all of the Following Assumptions Are

question 44

Multiple Choice

In the bounded rationality approach,all of the following assumptions are made except:

• A) The consequences of alternative decisions can be predicted
• B) Decision makers rarely have all the information they need or want
• C) The organization's goals constrain decision making
• D) Conflicting goals can force a compromise solution

---

Definitions:

Open-Ended Question

An open-ended question is designed to encourage a full, meaningful answer beyond a simple yes or no.

Customer Talking Time

The duration or portion of a conversation in which the customer is speaking, often used in sales and service settings to gauge customer engagement and understanding.

Presentation Stage

A phase in sales or marketing where a product or service is presented to potential buyers, highlighting its features and benefits.

Negotiation and Close

The process of bargaining that precedes the final agreement in a sale, combining the skills of negotiating terms with the aim of successfully closing a deal.