Scribd Logo
Fazer o upload

Bem-vindo(a) ao Scribd!

  • Bounded Rationality

    Enviado por

    gagan
    163 visualizações4 páginas
    This document presents an overview of the bounded rationality model of organizational decision making. It describes how decision makers have limited mental abilities and motivation due to factors like time constraints, and thus aim to "satisfice" by choosing the first alternative that meets a minimum level of acceptability rather than aiming for the absolute best solution. Key aspects of the model include the assumptions that managers select satisfactory alternatives using heuristics or rules of thumb rather than fully evaluating all options.

    Descrição original:

    Direitos autorais

    © Attribution Non-Commercial (BY-NC)

    Formatos disponíveis

    PPTX, PDF, TXT ou leia online no Scribd

    Você considera este documento útil?

    Este conteúdo é inapropriado?

    Denunciar este documento
    This document presents an overview of the bounded rationality model of organizational decision making. It describes how decision makers have limited mental abilities and motivation due to factors like time constraints, and thus aim to "satisfice" by choosing the first alternative that meets a minimum level of acceptability rather than aiming for the absolute best solution. Key aspects of the model include the assumptions that managers select satisfactory alternatives using heuristics or rules of thumb rather than fully evaluating all options.

    Direitos autorais:

    Attribution Non-Commercial (BY-NC)
    Baixe no formato PPTX, PDF, TXT ou leia online no Scribd
    Sinalizar o conteúdo como inadequado
    163 visualizações4 páginas

    Bounded Rationality

    Enviado por

    gagan
    This document presents an overview of the bounded rationality model of organizational decision making. It describes how decision makers have limited mental abilities and motivation due to factors like time constraints, and thus aim to "satisfice" by choosing the first alternative that meets a minimum level of acceptability rather than aiming for the absolute best solution. Key aspects of the model include the assumptions that managers select satisfactory alternatives using heuristics or rules of thumb rather than fully evaluating all options.

    Direitos autorais:

    Attribution Non-Commercial (BY-NC)
    Baixe no formato PPTX, PDF, TXT ou leia online no Scribd
    Sinalizar o conteúdo como inadequado
    de 4

    PRESENTATION

    OF
    ORGANISATIONAL BEHAVIOUR

    ON

    BOUNDED RATIONALITY MODEL



    PRESENTED BY:


    GAGAN SINGH
    BOUNDED RATIONALITY MODEL

    • Also known as The Administrative Model of decision


    making
    •
    • Decision makers are assumed to be forced by mental
    and motivational limitations to “satisfice” first
    alternative that is good enough
    •
    • A predetermined minimum criteria
    •
    • Does not expend the energy necessary to find the very
    best alternative
    •
    • List of alternatives
    .
    • Bounded Rationality means that the ability of
    managers to be perfectly rational in making
    decisions is limited by such factors as cognitive
    capacity and time constraints
    •
    • Four assumptions:


    managers select the first alternative that is
    satisfactory

    managers recognize that their conception of the world is
    simple

    managers are comfortable in making decisions without
    determining all the alternatives

    managers make decisions by rule of thumb or
    heuristics(shortcuts)


    FLOW CHART

    Information processing External Time and cost

    abilities Factors limits internal

     Bb

    BOUNDED RATIONALITY


    Organizational Decision Personal

    Objectives Maker Factors


    Satisficing

    decisions

    Você também pode gostar