Which of the following is not a reason people engage in satisficing rather than maximization?
A) They lack the capacity and motivation to process a huge volume of information.
B) They lack complete and perfect information.
C) Decisions with many alternatives can be cognitively and emotionally draining.
D) Alternatives present themselves over time, not all at once.
E) It allows them to choose the alternative with the highest payoff.

Question

Quizplus · Accepted Answer

Satisficing involves choosing an option that meets a minimum threshold of acceptability rather than the one with the highest payoff, which is the goal of maximization.

Which of the Following Is Not a Reason People Engage