Explain the concept of bounded-rationality and how decision support systems attempt to overcome that limitation.
Question:
Explain the concept of bounded-rationality and how decision support systems attempt to overcome that limitation.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Bounded rationality is a concept in decisionmaking theory introduced by Nobel laureate Herbert A Simon It suggests that in reality individuals and organizations often make decisions under conditions o...View the full answer
Answered By
Krishnavendra Y
I am a self motivated financial professional knowledgeable in; preparation of financial reports, reconciling and managing accounts, maintaining cash flows, budgets, among other financial reports. I possess strong analytical skills with high attention to detail and accuracy. I am able to act quickly and effectively when dealing with challenging situations. I have the ability to form positive relationships with colleagues and I believe that team work is great key to performance. I always deliver quality, detailed, original (0% plagiarism), well-researched and critically analyzed papers.
4+ Reviews
10+ Question Solved
Related Book For 
Business Intelligence And Analytics Systems For Decision Support
ISBN: 9781292009209
10th Global Edition
Authors: Efraim Turban, Ramesh Sharda, Dursun Delen, Pearson Education Limited, Dennis G. Zill
Question Posted:
