General Studies · Decision Making
Which of the following factors is NOT responsible for bounded rationality leading to satisficing decisions?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Time and cost constraints
- 2The fact that it contains a built-in feedback mechanism✓
- 3Imperfect information as well as limited capacity to process information
- 4Dynamic rather than static nature of organisational objectives
Correct answer
The fact that it contains a built-in feedback mechanism
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