Question: Simon identifies three critical components the 'bound' rationality, or essentially limit an individual's ability to decide rationally. Which of the following is NOT one of

Simon identifies three critical components the 'bound' rationality, or essentially limit an individual's ability to decide rationally. Which of the following is NOT one of his components?

External influence from other individuals

The available information

Finite time to decide

Cognitive limitations

A local newspaper is noticing that more and more of its readers use the internet to stay up to date. They realize that there is a risk associated with their business model as a result of the industry and technology. This is what type of risk?

Strategic

Legal

Financial

Operational

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