What is meant by bounded rationality and its relevance to the decision making in the organisation
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What is meant by bounded rationality and its relevance to the decision making in the organisation.
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- Identity any limitations to the ¨Eight Steps to Soud Ethical Decision Making in Business process¨ approach or reasons why the steps might not work.the high involvement decision-making process to each of the 5 stages,example relate to the teoryFor an eCommerce company in Indonesia what is the role of “Modern Decision Support” in their business?
- M.C.Q Q. Which of the following makes it difficult for a person to take good decisions Eustress Good Stress Distress Positive StressClarify your view on whether the quality of a decision is based on time or immediate impactDefine System 1 and System 2 thinking. Explain how they are relevant to decision-making.