Question
As per Herbet Simon’s bounded rationality theory,
the decision made is ______ in nature.Solution
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.
What is the name of the improved variety of the national flower Lotus launched by CSIR-National Botanical Research Institute?
Who was the recipient of the World Food Prize in 2023?
Full form of TRYSEM is
The most effective insecticide to control termite is ______
The promising irrigation technique in rice crop is:
Which of the following crop is highly tolerant to alkalinity?
Which one of the following mineral is the main source of Boron in soils
What constitutional amendment led to the incorporation of Panchayat Raj institutions in India?
Word extension is derived from
Water movement in a saturated soil is governed by which law?
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