This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Herbert Simon noted that managers generally fail to make rational decisions because they are ... (Read 81 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
on: Jul 21, 2018

Herbert Simon noted that managers generally fail to make rational decisions because they
  are limited by their own values, skills, habits and unconscious reflexes as well as by
  incomplete information. What name did Simon give this phenomenon?


 
 

a. Satisficing
  b. Bounded rationality
  c. Irrational decision making
  d. Goal displacement
  e. Means-end inversion



Question 2

Paul has a tendency to continue to stay in a course rather than withdrawing, even when
  evidence indicates that he will be unable to complete it successfully. This is an example of


 
 

a. bounded rationality.
  b. decision framing.
  c. escalation of commitment.
  d. satisficing.
  e. none of these.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

janeli1

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jul 21, 2018
Answer to Question 1

B

Answer to Question 2

C


oliviahorn72

  • Member
  • Posts: 579
Reply 2 on: Jul 21, 2018
:D TYSM

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

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?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Using the Ti plasmid and Agrobacterium tumefaciens to make transgenic plants Using the Ti plasmid and Agrobacterium tumefaciens to make transgenic plants
Two wells are filled with the same antigen, and when they diffuse to the antibody, they make a line ... Two wells are filled with the same antigen, and when they diffuse to the antibody, they make a line ...
Herbert Blumer Herbert Blumer
How Chemical Engineer Make a Orange How Chemical Engineer Make a Orange
Heart - All I Wanna Do Is Make Love To You (Official Music Video) Heart - All I Wanna Do Is Make Love To You (Official Music Video)
Meiosis is used to make sperm and egg cells. A shows a simplified version and B shows a detailed ver Meiosis is used to make sperm and egg cells. A shows a simplified version and B shows a detailed ver
Video: Mendel's Pea Experiment

For a complete list of videos, visit our video library