Papers on "Decision Making" and similar term paper topics

Paper #090322 :: Decision Making
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This paper explores the research and development (R&D) activities of high technology companies.

Written in 2006; 675 words; 0 source; $ 26.95

Paper Summary:

The paper discusses how high technology companies seem to occupy the juncture of a typical revenue generating for-profit enterprise, with the idealistic disregard for revenue of a non-profit. The paper explains that this situation occurs because while the high-tech enterprise itself is driven by the requirements of shareholders, the research and development (R&D) activities of the enterprise require artistic creative forces that are free from the constrictive weight of fiscal responsibility. Thus, the paper shows how bounded rationality offers the best decision-making model for such an enterprise, because it appropriates the mental capacities of the human condition and makes the seemingly over complex palatable to the creative minds driving typical R&D departments.

Tags: decision making bounded

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