Which one of the following statements is NOT related to the concept of 'satisficing'?
A) Satisficing occurs because of the limitations in human information processing's ability to consider all possible solutions to a problem.
B) Satisficing is a process by which managers draw on their experiences to make the best decision they can at the time.
C) Satisficing is a concept that questions the rational decision making model's assumptions of perfect knowledge.
D) Satisficing is a concept that assumes all managers will satisfy their appetites before making a decision about a problem.
Correct Answer:
Verified
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