You have been appointed the new Minister for Environment and Natural Resources of the Republic of Ghana. A major concern in your ministry is the destruction of the water bodies and other natural resources due to illegal mining. Civil society groups, media and experts are all calling for a total eradication of illegal mining in the country. However, the research team in the ministry has given a disturbing statistic. Over 500,000 Ghanaians are employed in this industry. Shutting down the activity means relieving 500,000 Ghanaians of their jobs. The statistics also shows that a lot of foreigners are involved and applying stringent measures will mean deporting several foreigners which has a great potential to break diplomatic ties with some of the most powerful countries in the world which can have dire consequences. Besides, even before you implement the proposed policy, your major political opponent is gaining a lot of political capital from it. The minister has run to you as a Management Consultant (since he is an engineer and has no management skills) to advise him on which decision to take. How would you use the bounded rationality theory to assist him?
You have been appointed the new Minister for Environment and Natural Resources of the Republic of Ghana. A major concern in your ministry is the destruction of the water bodies and other natural resources due to illegal mining. Civil society groups, media and experts are all calling for a total eradication of illegal mining in the country. However, the research team in the ministry has given a disturbing statistic. Over 500,000 Ghanaians are employed in this industry. Shutting down the activity means relieving 500,000 Ghanaians of their jobs.
The statistics also shows that a lot of foreigners are involved and applying stringent measures will mean deporting several foreigners which has a great potential to break diplomatic ties with some of the most powerful countries in the world which can have dire consequences. Besides, even before you implement the proposed policy, your major political opponent is gaining a lot of political capital from it.
The minister has run to you as a Management Consultant (since he is an engineer and has no management skills) to advise him on which decision to take.
How would you use the bounded rationality theory to assist him?
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