« previous next »

Author Question: How are managers affected by bounded rationality? What will be an ideal ... (Read 92 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
on: Jul 7, 2018
How are managers affected by bounded rationality?
 
  What will be an ideal response?

Question 2

In the U.S., international trade is hampered by homeland security issues and delays.
 
  Indicate whether the statement is true or false


apple

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jul 7, 2018
Answer to Question 1

Bounded rationality suggests that decision makers are constrained in their ability to be objective and rational by limitations of the human mind, so they often use incomplete and imperfect information when making decisions.

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

An individual affected by xeroderma pigmentosum An individual affected by xeroderma pigmentosum
Endocarditis. The human heart has been sectioned to reveal the left ventricle and origin of the aort Endocarditis. The human heart has been sectioned to reveal the left ventricle and origin of the aort
Managers Managers
A football game, in 1879, pits Yale against Princeton. The field was not lined or bounded, and play A football game, in 1879, pits Yale against Princeton. The field was not lined or bounded, and play
Areas of the United States, Mexico, and Cuba will be affected by a rise of just 100 cm Areas of the United States, Mexico, and Cuba will be affected by a rise of just 100 cm
The Nile Delta will be strongly affected by a rise in sea level of 50 cm The Nile Delta will be strongly affected by a rise in sea level of 50 cm
Video: Interview with Person who has Panic Attacks

For a complete list of videos, visit our video library