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According to Simon, because of bounded rationality, the decision made is ‘satisficing’ in nature i.e. they only satisfy and suffice but not maximise. Thus, a decision maker is looking for a satisfactory solution for a problem in the given situation and the constraints and not for the ideal solution as that may lead to an endless search.
The "Xtra Credit Card" launched by RBL Bank offers cashback on fuel purchases with which company?
Who has been the new President of Albania?
Which statement correctly describes the elevation of India's mountain ranges?
I. The Western Ghats are higher than the Eastern Ghats.
II. ...
For the first time, who has become the first Asian to be elected as the President of Film Academy?
Dr. Usha Thakur was awarded the 12th Vishwa Hindi Samman for her contributions to Hindi literature. Where was this award presented?
Which one of the following pairs is not correctly matched in the term of city and their characteristic?
Which bank received a $500million loan from the International Finance Corporation (IFC) for microloans to underserved women?
In Uttar Pradesh, 'Kisan Bahi Yojana' was started in the year?
World AIDS Day is celebrated across the globe on 1st December, What was the theme for the year 2022?
Which Indian bank became the first major bank to join the Partnership for Carbon Accounting Financials (PCAF)?
