In decision making, satisficing is characterized by ______.
A) choosing the best option possible
B) choosing a reasonable-even if not optimal-option
C) being satisfied with the first option
D) never choosing at all

Question

Quizplus · Accepted Answer

Satisficing involves selecting an option that meets a minimum level of satisfaction or criteria, rather than seeking the best possible outcome. This approach acknowledges that in many situations, the optimal solution may be impractical due to limitations in time, resources, or information.

In Decision Making, Satisficing Is Characterized by ______