Decision Making

Which decision-making approach explicitly recognises that managers may choose a satisfactory alternative rather than an...

Type: MCQ • Marks: 1
Which decision-making approach explicitly recognises that managers may choose a satisfactory alternative rather than an optimal one because of practical constraints?
Options
A. Classical rationality
B. Scientific management
C. Bounded rationality
D. Bureaucratic control
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UPSC Principal & Vice Principal Management Finance Administration

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