A manager considers a limited sample of the potential alternative solutions for a problem and selects one that is acceptable instead of attempting to select the optimum solution. This type of decision is called
A)programmed.
B)intuition.
C)certainty.
D)satisficing.

Question

Quizplus · Accepted Answer

Satisficing is a decision-making strategy where a manager selects an option that meets the minimum criteria of acceptability rather than seeking the optimal solution.

A Manager Considers a Limited Sample of the Potential Alternative