Which of the following is an accurate description of satisficing?
A) Viewing problems from a fresh perspective to come up with creative alternative solutions to specific problems
B) Generating creative alternatives to solve problems and taking advantage of opportunities by abandoning existing mind-sets
C) Conducting a retrospective analysis to see what can be learnt from past successes or failures
D) Searching for and choosing acceptable or satisfactory ways to respond to problems and opportunities rather than trying to make the optimal decision
E) Seeking and using information that is consistent with prior beliefs and ignoring information that contradicts those beliefs

Question

Quizplus · Accepted Answer

Satisficing refers to searching for and choosing acceptable or satisfactory ways to respond to problems and opportunities rather than trying to make the optimal decision. It involves selecting a solution that meets a minimum threshold of requirements or criteria, rather than searching for the best possible solution.

Which of the Following Is an Accurate Description of Satisficing