Satisficing refers to the fact that profit maximization by corporate managers is a way of satisfying stockholders.

Name: Satisficing refers to the fact that profit maximization by corporate managers is a way of satisfying stockholders.
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Question

Quizplus · Accepted Answer

Satisficing is a decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution, and does not specifically relate to profit maximization for satisfying stockholders.

Satisficing Refers to the Fact That Profit Maximization by Corporate