A satisficing decision is one that is satisfactory and sufficient in the situation,and meets an acceptable level of performance.
Correct Answer:
Verified
Q38: Escalation of commitment refers to _.
A)commitment to
Q39: An increased commitment to a previous decision
Q40: A decision is a discrepancy between an
Q41: Decision making where managers recognize and understand
Q45: One assumption of rationality is that time
Q46: The strap on Brad's backpack broke as
Q47: Relying on "gut feeling" over cognitive problem
Q48: Toby is hunting for a new apartment.He
Q50: One assumption of rational decision making is
Q54: According to the concept of bounded rationality,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents