____ is the selection of the first minimally acceptable alternative.
A) Optimization
B) Intuitive decision making
C) Bounded rationality
D) Escalation of commitment
E) Satisficing

Question

Quizplus · Accepted Answer

Satisficing is the selection of the first minimally acceptable alternative. This means that decision-makers choose an option that meets the minimum criteria or threshold rather than trying to find the best possible option.

____ Is the Selection of the First Minimally Acceptable Alternative