As per Herbet Simon’s bounded rationality theory, the decision made is ______ in nature.
According to Simon, because of bounded rationality, the decision made is ‘satisficing’ in nature i.e. they only satisfy and suffice but not maximise. Thus, a decision maker is looking for a satisfactory solution for a problem in the given situation and the constraints and not for the ideal solution as that may lead to an endless search.
Who among the following lives on Floor-2?
Which of the following statements is/are true?
Which pair of floors correctly represents vacant floors?
Who is going to China?
How many persons visits after the one who visits Afghanistan?
which of the following group represents the females in the group?
On which of the following days Vaani was born?
Six persons G, H, I, J, K and L live in a six storey building such that bottommost floor is numbered as 1 and the floor above it is numbered as 2 and so...
How many persons are going to office between M and P?
Which of the following pair of persons are immediate neighbors?
