A decision that chooses the first satisfactory alternative that is presented is called a(n) __________ decision.
A) optimizing
B) reasonable
C) satisficing
D) classical

Question

Quizplus · Accepted Answer

A satisficing decision is one that seeks to find the first option that meets minimum criteria, rather than seeking the optimal or best solution. This type of decision-making is often used in situations where time or resources are limited, or the decision-maker does not have full information or expertise.

A Decision That Chooses the First Satisfactory Alternative That Is