Daniel is starting a small shoe manufacturing company. He does not want the best equipment at the moment. He just wants equipment that is good enough to work with. In this context, Daniel is _____.

Question

Daniel is starting a small shoe manufacturing company. He does not want the best equipment at the moment. He just wants equipment that is good enough to work with. In this context, Daniel is _____.​

Quizplus · Accepted Answer

Daniel is satisficing, which means he is choosing an option that is satisfactory or acceptable instead of trying to find the best or optimal solution. He is not trying to optimize his equipment choice, but rather is content with equipment that is good enough to work with.

Daniel Is Starting a Small Shoe Manufacturing Company