Does my decision to do MBA degree involve bounded rationality. If asked so how should i narrate my answer? Please help me in answering this.
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Bounded rationality is the rational choice that is taken when there is limitation of knowledge and cognitive capacity and if someone asks you the above question then I think you should go against. You can say that you have enrolled in MBA because you want it to be your career and not because you do not have other choices or your actual decision making process was being affected by other choice. You should say that you want it to make it your career because this is the global business world.
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answered 6 months ago
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