What type of decision is useful for less important decisions and should never be used for important decisions?
A) heuristics
B) satisficing
C) persuasive
D) intuition

Question

Quizplus · Accepted Answer

Satisficing is a decision-making strategy that involves choosing the first option that meets a minimum set of criteria. It is useful for less important decisions because it is quick and easy to use. However, it should never be used for important decisions because it can lead to poor outcomes.

What Type of Decision Is Useful for Less Important Decisions