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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.
Which of the following Flat is vacant?
Which garment is pink in colour?
Which of the following is true with respect to V as per the given information?
Ishu purchased his bungalow how many years after Deepa?
Who among the following person likes Liberty?
Which carton is kept at third place above U?
Study the following information carefully and answer the given questions:
(i) Six students P, Q, R, S, T and U are in different branches of E...
How many persons stand between B and H?
Read the directions carefully and answer the following questions.
Seven person A, B, C, D, E, F, and G live in a three floored building. Two p...
Which of the following statement is true?