Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
10th Edition
ISBN: 9780134237473
Author: Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher: PEARSON
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Chapter 4, Problem 2TAI
Summary Introduction

To determine:

How knowing about the bounded rationality help managers be better decision makers.

Concept Introduction:

Bounded rationality is referred to as an idea that managers make decisions their state of being rational is limited by the control of the decision problem, limitations of the mental actions of their minds and time availability to make decisions.

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