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Select all that apply Which of the following assumptions are made in the bounded rationality approach to decision making? Multiple select question. Decision makers seldom
Select all that apply Which of the following assumptions are made in the bounded rationality approach to decision making? Multiple select question. Decision makers seldom have all the information they require. Decision making is constrained by an organization's goals. Solutions that help an organization achieve a predetermined objective are always correct. Early solutions are swiftly adopted due to limitations and constraints. Optimal solutions often are possible in decision making. Decisions can be restricted by differing goals of different elements, thereby forcing a compromise solution. Decision makers are unaware of every possible alternative and are unable to foresee consequences
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