Question
As per Herbet Simon’s bounded rationality theory, the decision made is ______ in nature.
More Introduction of Decision Making Questions
- After a below normal monsoon season, the farmers suffered loss in the actual harvest for the year. The government released relief package for the farmers o...
- An “Economic Man” is considered one who chooses the best option and acts in self interest. Which of the following is likely to be characteristic of such an...
- Which of the following best describes the normative model of decision making?
- Which of the following is a common bias that can affect managerial decision-making?
- How does feedback play a role after making a decision?
- How does prioritizing criteria contribute to selecting the best solution?
- Which of the following describes the role of a manager as a disturbance handler in decision-making?
- Which of the following would be a decision which is for repetitive or routine problems for which the responses have been already been decided?
- ______ is a decision-making process in which an individual makes a choice that is satisfactory rather than optimal.
- What type of bias relies too heavily on one piece of information in making a final decision?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
