Question

An implication of the bounded rationality models of management is that:

A. all decision making processes are inherently perfect as human beings are rational beings.

B. all decision making processes essentially involves dealing with a resource of unlimited reasoning power.

C. the proficiency of a decision process increases exponentially with increase in information that is used for that process.

D. the more information available to be included into the decision process, the less efficient that process will be.

Answer

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