Question: Even if managers have the cognitive ability to process all the relevant information, they often must make decisions without first having time to collect all
Even if managers have the cognitive ability to process all the relevant information, they often must make decisions without first having time to collect all the relevant datatheir information is incomplete. This is the concept of
Question options:
a
an omnipotent manager
b
escalation of commitment
c
bounded rationality
d
a professional manager
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