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Question: Explain each theory separately taking note of its application towards Product decisions and its benefits; Relate the following decision making theories to conduct a

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Explain each theory separately taking note of its application towards Product decisions and its benefits;

Relate the following decision making theories to conduct a study to improve Product decisions as an aspect of the business in an organization

1. Game theory

2. Theory of bounded rationality

3. Prospect theory

4. Rational Decision Making Theory

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