You have just concluded the initial meeting with Axel Polwalski, CEO of Polwalski producing Group and Tammy Chapman-Richards, EVP of Operations, Chapman Brothers. Axel was mainly impressed with comments on rational decision making, though Tammy seemed unconvinced. Axel Polwalski has asked you to make written report that he plans to offer to his executive board of directors. This report must outline steps in bounded rationality and rational decision making.
Write brief report which is 500 to 700 words for Axel and board of directors at Polwalski Manufacturing Group. Describe the outline of steps in bounded rationality and rational decision-making. Write a cover page and reference sources in APA format.