Do you think most real-world businesses are run on principles of substantive rationality or procedural rationality? Explain

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Do you think most real-world businesses are run on principles of substantive rationality or procedural rationality? Explain your answer.

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Behavioural Economics And Finance

ISBN: 9780415792196

2nd Edition

Authors: Michelle Baddeley

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Question Posted: Mar 08, 2024 03:00 AM

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Do you think most real-world businesses are run on principles of substantive rationality or procedural rationality? Explain

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In the real world most businesses operate using a combination of substantive rationality and procedural rationality although the balance may vary depe...View the full answer

Behavioural Economics And Finance

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