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Start learning 50% faster. Sign in nowAccording 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 strait separates the continents of Asia and North America?
On December 22, which location experiences the longest day and shortest night?
Which of the following countries border does not touch China?
Which of the following pairs is NOT correctly matched?
Consider the following regions of India:
1. Western Ghats
2. Aravali Hills
3. Eastern Himalayas
Which of the above...
Consider the following statements:
1. Pangong Tso Lake is the world’s highest saltwater lake.
2. The larger part of the Pangong Tso Lake...
The redshift theory is associated with ________.
What is the average density of the earth?
Into which sea does the Nile River discharge its waters?
Which planet is located between Mercury and Earth in the solar system?