Question: Janice is faced with a decision. However, there are so many possible alternatives and so much information that she doesn't feel she can even begin
Janice is faced with a decision. However, there are so many possible alternatives and so much information that she doesn't feel she can even begin to evaluate it
all. This describes what March and Simon term
reasoned judgment
bounded rationality
ambiguous information
satisficing
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
