In which of the following decision-making models will satisficing occur?
A) Bounded rationality.
B) Garbage can.
C) Political.
D) Rational.

Question

Quizplus · Accepted Answer

Satisficing is a decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution. This concept is central to the bounded rationality model, which suggests that individuals are limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make a decision.

In Which of the Following Decision-Making Models Will Satisficing Occur