Juan is faced with multiple choices of suppliers who have the same product at virtually the same price. He also knows there are many more suppliers out there that would be comparable; however, he has a short amount of time to make up his mind, so he chooses Elrood Gasket's product. Why type of decision does this represent?
A)programmed
B)bounded
C)confirmation
D)groupthink
E)satisficing

Question

Quizplus · Accepted Answer

Juan's decision represents satisficing because he chooses a satisfactory option that meets his criteria without spending additional time searching for the optimal solution, given his time constraints.

Juan Is Faced with Multiple Choices of Suppliers Who Have