bounded capability
[/ˈbaʊndɪd/ /keɪˈpæbɪləti/]
nounpl: bounded capabilities
capacidade limitada
1. A restriction or limitation on what an individual, organization, or system can accomplish; a constraint that prevents unlimited performance or achievement
The company recognizes its bounded capabilities in the international market and focuses on domestic expansion.
A empresa reconhece suas capacidades limitadas no mercado internacional e se concentra na expansão doméstica.
2. In cognitive science and economics, the concept that human rationality and decision-making ability are inherently limited by cognitive constraints, information availability, and time
Herbert Simon's theory of bounded rationality explains that people operate within bounded capabilities when making decisions.
A teoria de racionalidade limitada de Herbert Simon explica que as pessoas operam dentro de capacidades limitadas ao tomar decisões.
3. In systems theory and computing, the finite limits of a system's processing power, memory, or functionality
The software must account for the bounded capabilities of older hardware systems.
O software deve levar em conta as capacidades limitadas de sistemas de hardware mais antigos.
This term is commonly used in Brazilian and American business, economics, and cognitive science contexts. In Brazil, it appears frequently in academic literature on behavioral economics and organizational management. The concept gained prominence through Herbert Simon's work and is particularly relevant in discussions of artificial intelligence, human resources, and strategic business planning.
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