Asked by Samende Kamana on Jun 14, 2024
Verified
Satisficing is a concept that is most associated with
A) identifying a problem.
B) searching for information.
C) choosing a solution.
D) implementing a solution.
E) monitoring a solution.
Satisficing
A decision-making strategy that aims for a satisfactory or adequate outcome, rather than the optimal solution, especially under conditions of uncertainty or limited resources.
- Understand the concept of satisficing and its role in decision making.
Verified Answer
JD
James DurhamJun 17, 2024
Final Answer :
C
Explanation :
Satisficing is a decision-making strategy that entails searching through the available alternatives until an acceptability threshold is met, which is most associated with choosing a solution.
Learning Objectives
- Understand the concept of satisficing and its role in decision making.
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