24 Jun DESCRIBE IF YOU COULD HAVE BEEN USING WHAT WE CALL BOUNDED RATIONALITY AND HOW?
Think about a decision you recently made in the workplace. Describe the situation and the decision made and consider the following: Do you feel you used a rational decision-making model? If you did not follow the rational decision-making model exactly, did you follow even one of the steps – or some half way? Describe if you could have been using what we call bounded rationality and how? Finally, what about the third approach to decision-making – intuition? How did you use intuition in your decision-making process? Explain. (Remember that we often combine our “gut feelings” with some rational dimension.) Your submitted assignment should be 2-3 pages. Be sure to use proper spelling, punctuation, and grammar and cite your sources per APA.
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