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 rely on sequential evaluation of new alternatives.
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 is selecting an alternative that is satisfactory or "good enough" rather than the alternative with the highest value (maximization).

Which of the Following Is NOT a Reason People Engage