« previous next »

Author Question: How are managers affected by bounded rationality? What will be an ideal ... (Read 98 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?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

An individual affected by xeroderma pigmentosum An individual affected by xeroderma pigmentosum
Blood-typing and cross-reactions: The blood type depends on the presence of surface antigens (agglut Blood-typing and cross-reactions: The blood type depends on the presence of surface antigens (agglut
Transmission of autosomal dominant disorders (50% chance for an affected child). Transmission of autosomal dominant disorders (50% chance for an affected child).
Moving currents are affected by Earth’s rotation Moving currents are affected by Earth’s rotation
Rising sea level: Some areas will be affected by a rise of just 40 cm Rising sea level: Some areas will be affected by a rise of just 40 cm
PCR screens of Navajo affected with albinism (N4 and N5) and the parents of N4 (N2 and N3) PCR screens of Navajo affected with albinism (N4 and N5) and the parents of N4 (N2 and N3)
Video: Deglutition

For a complete list of videos, visit our video library