General Studies · General Management
According to which approach of decision-making does a manager choose a course of action that is 'satisficing' or good enough under the given circumstances, rather than optimal?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The Behavioural Approach
- 2The Bounded Rationality Approach✓
- 3The 'Garbage Can' Approach
- 4The Cooperative Social Systems Approach
Correct answer
The Bounded Rationality Approach
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