Question
The bounded rationality model can be used in the
following situations except when __________Solution
TheĀ bounded rationality modelĀ of decision making recognizes the limitations of our decision-making processes. According to this model, individuals knowingly limit their options to a manageable set and choose the first acceptable alternative without conducting an exhaustive search for alternatives.Ā When information on alternatives can be gathered and quantified, a rational decision-making modelĀ is used so as to maximize the quality of their outcomes.
The position of how many alphabets will remain unchanged if each of the alphabets in the word āMANGROVEā is arranged in alphabetical order from left...
Select the letter-cluster from among the given options that can replace the question mark (?) in the following series.
PNNA, RPPE, TRRI, VTTO, ?
Select the option that is related to the third term in the same way as the second term is related to the first term.
SZ : RA :: IL :
If in a certain language KINDLE is coded as ELDNIK, how is FASHION coded in that code?
Statement: The government has raised import duty on a slew of electronic products, including mobile phone, television sets, digital cameras and microwa...
Seven persons A, B, C, D, E, F, and G are sitting in a straight line, facing North. Only two people sit to the left of A. Only three people sit between ...
Read the given statements and decide which of the conclusions given in the options logically follow from the statements.
Statements:
I. ...
Arrange the following in the English alphabetical order:
(i) Exploration
(ii) Exploitative
(iii) Exploratory
(iv) ExploitationĀ
Seven persons are sitting around a circular dining table facing the towards the centre. S is sitting to the immediate left of Y and third to the right o...
What is the code for āthought your positiveā?