Which of the following explains the term "satisficing?"
A)Striving to select only the best alternative
B)Following simplified decision rules
C)Selecting the alternative simply because it is the easy way out
D)Selecting the alternative that meets minimum decision criteria

Question

Quizplus · Accepted Answer

We often select the alternative that satisfies minimum decision criteria, otherwise known as "satisficing."

Which of the Following Explains the Term "Satisficing