_________is when a manager evaluates alternatives until she comes to one that meets some minimum standard of sufficiency, selects it, and then goes on to other problems without considering the remaining rational alternatives.
A)Optimizing
B)Satisficing
C)Rational decision- making
D)Bounded Rationality

Question

Quizplus · Accepted Answer

Satisficing is the process where a decision-maker evaluates options until finding one that meets a minimum standard of sufficiency, without necessarily considering all possible options or seeking the optimal solution. This approach is often used in situations where it is impractical or impossible to examine every alternative due to time constraints, cognitive limitations, or lack of information.

_________Is When a Manager Evaluates Alternatives Until She Comes to One