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3 . . . . serve stakeholder interests. states that the ability of decision makers to be rational is limited by numerous constraints, such as
serve stakeholder interests.
states that the ability of decision makers to be rational is limited by numerous constraints, such as complexity, time, cognitive capacity, values, skills, habits, and unconscious reflexes. a
b
Rational decision making
Nonrational decision making
C
Analytics
d
Bounded rationality
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