Question

Wilma needed to fill a position that had been open for several weeks. She knew what her perfect candidate would be like but so far no one had met her standards. With time running​ out, she hired the first candidate who minimally fulfilled her requirements. What​ decision-making method did Wilma​ use?

a) Bounded rationality
b) Intuition
c) Rational decision making
d) The eight-step process
e) Neural networking

Answer 1

Wilma used the bounded rationality decision-making method when hiring the first candidate who minimally fulfilled her requirements.

Step-by-step explanation:

Wilma used the decision-making method known as bounded rationality. Bounded rationality is a cognitive shortcut used to make decisions when there are time constraints or limited information. In Wilma's case, she had been searching for a candidate that met her ideal standards for the position but was unable to find one. With time running out, she made the decision to hire the first candidate who minimally fulfilled her requirements. This decision-making method is characterized by satisficing, where the decision-maker settles for a solution that is sufficient but not optimal.