When making a decision,selecting the alternative that meets the minimum decision criteria is selected is known as _____.
A)normalcy bias
B)satisficing
C)optimism bias
D)flipism

Question

Quizplus · Accepted Answer

We often select the alternative that satisfies minimum decision criteria,otherwise known as "satisficing." We select the option that suffices,the one that people can live with,even if it might not be the best.

When Making a Decision,selecting the Alternative That Meets the Minimum