As per Herbet Simon’s bounded rationality theory, the decision made is ______ in nature.
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.
How many persons are sitting between P and X?
How is X related to D?
How many of them earn more than Lalit?
Who likes Star Maa channel?
Who is to the immediate right of J?
Which of the following statements is/are true according to the given information?
I, J, K, L and M are sitting on a bench all are facing towards the north. I sits next to J; K sits next to L. M sits at the extreme left end. K sits on ...
Seven friends A, B, C, D, E, F and G are sitting around a circular table facing towards the centre(not necessarily in the same order). A is third to the...
Seven persons R, S, T, U, V, W and X sit in a straight row facing north. V sits second to the right of U. X sits to the left of U. More than two persons...
Read the directions carefully and answer the following question.
Six people, R, S, T, U, V and W are sitting around a circular table facing t...