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The idea that we cannot be fully rational because we cannot grasp all alternatives is:
ABoundless rationality
BBalanced rationality
CBasic rationality
DBounded rationality
Answer & Solution
Correct answer: D. Bounded rationality
1. Our brains have processing limits.
2. Information is often incomplete too.
3. It is bounded rationality.
_Source: OpenStax Principles of Management, Chapter 2, Managerial Decision-Making._
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