Question: What is BOUNDED RATIONALITY ? Managers don't make decisions rationally, and are not limited (bounded) by their ability to process information. Managers make decisions rationally,

What is BOUNDED RATIONALITY ?

"Managers don't make decisions rationally, and are not limited (bounded) by their ability to process information."

"Managers make decisions rationally, but are limited (bounded) by their ability to process information."

"Managers make decisions rationally, and are not limited (bounded) by their ability to process information."

"Managers don't make decisions rationally, but are limited (bounded) by their ability to process information."

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