The type of decision making in which the solution is considered 'good enough' is known as which of the following?
A)intuition
B)rational
C)maximising
D)satisficing
E)'gut feeling'

Question

Quizplus · Accepted Answer

The term 'satisficing' refers to making a decision that is considered satisfactory or 'good enough' rather than finding the best possible solution. This type of decision making is often used in situations where time, resources, or information is limited, making it difficult or impossible to search for the best option.

The Type of Decision Making in Which the Solution Is