According to the textbook, because managers can't possibly analyse all information on all alternatives, managers ________, rather than ________.
A)maximise; satisfice
B)maximise; minimise
C)satisfice; minimise
D)satisfice; maximise

Question

Quizplus · Accepted Answer

The book states that managers have limited capacity to analyze information on all alternatives, so they tend to "satisfice," or choose the option that meets the minimum criteria for acceptability rather than maximizing by analyzing all options. Therefore, option D is correct. Options A and B are incorrect because they imply that managers always try to maximize outcomes. Option C is incorrect because it suggests that managers try to minimize outcomes, which is not discussed in the given sentence.

According to the Textbook, Because Managers Can't Possibly Analyse All