What is the term for the practice of using decision-making shortcuts to arrive at satisfactory, rather than optimal, decisions?
A) satisficing
B) minimalizing
C) decision inertia
D) internal search

Question

Quizplus · Accepted Answer

The term for the practice of using decision-making shortcuts to arrive at satisfactory, rather than optimal, decisions is satisficing. This term refers to the tendency of individuals to settle for a "good enough" choice rather than investing the additional time and effort required to identify the absolute best option. Satisficing allows individuals to conserve cognitive resources and make efficient decisions, but it may result in suboptimal outcomes.

What Is the Term for the Practice of Using Decision-Making