Discuss the limitations to rational decision making, Business Management

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Question 1:

(i) An organisation evolves in a specific and general environment. Discuss, using examples, the components of each environment.

(ii) ‘Ethical workplace behaviour follows accepted principles of right and wrong'. Discuss using relevant examples.

Question 2:

‘Managers do not always take rational decisions with regards to the running of the organisation'.

(i) Show the steps in the decision making process and

(ii) discuss the limitations to rational decision making.


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