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_____ describes the idea that perfectly rational decisions are not always feasible because of constraints found in information processing.

User Sten Kin
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The answer is "Bounded Rationality".

Bounded rationality refers to the possibility that in basic leadership, rationality of people is constrained by the data they have, the subjective constraints of their minds, and the limited measure of time they need to settle on a choice.
User Diesan Romero
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