Question: Explain briefly the 4 ways managers make decisions (bounded rationality, satisficing, intuitive decision making, and evidence-based management)
Explain briefly the 4 ways managers make decisions (bounded rationality, satisficing, intuitive decision making, and evidence-based management)
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Sure lets dive into these four decisionmaking paradigms 1 Bounded Rationality This concept asserts that decisionmaking is generally not fully rational ... View full answer
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