Question
The bounded rationality model can be used in the
following situations except when __________Solution
The bounded rationality model of decision making recognizes the limitations of our decision-making processes. According to this model, individuals knowingly limit their options to a manageable set and choose the first acceptable alternative without conducting an exhaustive search for alternatives. When information on alternatives can be gathered and quantified, a rational decision-making model is used so as to maximize the quality of their outcomes.
How many triangles are there in the given figure?
A certain number of people are sitting in a row, facing north. N is sitting third to the left of P. M is sitting third to the left of N. O is sitting th...
In a certain code language, ‘FLORA’ is written as ‘WQOLC’ and 'MONEY' is written as 'PNPYE'. How will ‘GOING’ be written in that language?
Select the correct mirror image of the given figure when the mirror is placed at MN as shown below.
Select the next number in the series.
61, 63, 66, 71, 78,?
Which of the following numbers will replace the question mark (?) in the given series ?
6, 16, 36, 76, ? , 316
If ‘DONKEY’ is coded as ’88’ and ‘SPARROW’ is coded as ’79, then how will ‘PEGION’ be coded?
A paper is folded and cut as shown below. How will it appear when unfolded?
Five salesmen A, B, C, D and E are sitting in a meeting around a circular table. A is to the immediate left of E. C is to the immediate left of B. D is ...
Statement:  W < T = X ≤ J > S = U > B
Conclusion:
I. T < U
II. S > X
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