A manager considers a limited sample of the potential alternative solutions for a problem and selects one that is acceptable instead of attempting to select the optimum solution.This type of decision is called:
A) programmed.
B) intuition.
C) certainty.
D) satisficing.
E) heuristics.

Question

Quizplus · Accepted Answer

Satisficing is exploring a limited sample of all potential alternatives.When managers satisfice,they search for and choose acceptable,or satisfactory,ways to respond to problems and opportunities rather than trying to make the optimal decision.

A Manager Considers a Limited Sample of the Potential Alternative