Which of the following is NOT a hindrance to perfectly rational decision making?   

A. Conflicting goals
B. Imperfect information
C. Information overload
D. Limited cognitive capacity
E. Lack of intuition


E. Lack of intuition

The ability of decision makers to be rational is limited by numerous constraints, such as complexity, time and money, imperfect or too much information, conflicting goals, and their cognitive capacity, values, skills, habits, and unconscious reflexes.

Business

You might also like to view...

The dividend yield is computed by dividing:

A. Earnings per share by cash dividends per share. B. Par value per share by cash dividends per share. C. Annual cash dividends per share by the market value per share. D. Annual cash dividends per share by earnings per share. E. Cash dividends per share by retained earnings.

Business

Management exercising strong control and motivating its employees through external incentives such as a paycheck are reflective of the ____ style

a. Theory X b. Theory Y c. Situational leadership d. Total Quality Management

Business

According to your text, brand revitalization often begins with

A. rebuilding trust with consumers. B. redesigning the product. C. employee training and education. D. revamping its promotional campaign. E. rebuilding trust with stockholders.

Business

A bond rated AAA is perceived to have GREATER default risk than a bond rated BBB

Indicate whether the statement is true or false

Business