When a manager chooses the first satisfactory alternative that comes to his or her attention during the decision making process, ______________ has occurred.
A) satisficing
B) intuition
C) rationalisation
D) suboptimisation
E) optimisation

Question

Quizplus · Accepted Answer

Satisficing occurs when a decision-maker selects the first option that meets their minimum criteria or threshold of acceptance, rather than seeking the best possible solution. This approach is often used to save time or when perfect information is not available.

When a Manager Chooses the First Satisfactory Alternative That Comes