How does the concept of bounded rationality affect managerial decision-making processes? Explain

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How does the concept of bounded rationality affect managerial decision-making processes? Explain

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Essentials of Organizational Behavior

ISBN: 978-0134523859

14th edition

Authors: Stephen P. Robbins, Timothy A. Judge

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Posted Date: Mar 18, 2024 01:55 AM

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How does the concept of bounded rationality affect managerial decision-making processes? Explain

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Bounded rationality is a concept introduced by Nobel laureate Herbert Simon which suggests that indi... View the full answer

Essentials of Organizational Behavior

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