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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 938 |
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It would be an impossible task to perform; therefore, as individuals, we try to narrow down the important factors and base decisions on those. It is probably not the best way to come to a final decision, but in today's workforce time is gold and it is important to find ways to reduce tasks that require a great deal of time...
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It is probably not the best way to come to a final decision, but in today's workforce time is gold and it is important to find ways to reduce tasks that require a great deal of time. This type of decision making is also known as bounded rationality or a more simplified form of making a decision.
The following discusses just a few examples of how organizations make their decisions their consequences...
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