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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.
Who has been reappointed as the MD and CEO of Paytm for a period of five years?
Regarding the Tapi River, select the correct statement(s):
राजस्थान राज्य अभिलेखागार कहाँ स्थित है -
Identify the founder of the Bahamani Sultanate from the options below:
How much was allocated to India’s Pandemic Fund Project for Animal Health Security, launched by Rajiv Ranjan Singh?
What is the first significant feature of the Banjara Virasat Museum inaugurated by PM Modi in Maharashtra?
What is Call Money?
Who is known as the 'Father of Geometry.
The Sultan Azlan Shah Cup is associated with which sport?
The 6th edition of ‘Ex Shakti 2021’ a biennial training exercise between the armies of the two countries India and _____ has begun from Nove...