Most managers settle for a ____ rather than a(n) ____ solution.
A) minimizing; maximizing
B) satisficing; maximizing
C) feasible; unrealistic
D) maximizing; satisficing
E) simple; challenging

Question

Quizplus · Accepted Answer

Satisficing is the concept of finding a solution that is good enough, rather than continuing the search for the optimal solution. This approach is often taken by managers due to time constraints or limited resources. On the other hand, maximizing seeks to find the best possible solution, which may not always be feasible or practical. Therefore, most managers settle for a satisficing solution rather than spending more time and resources on finding a maximizing solution.

Most Managers Settle for a ____ Rather Than A(n) ____

Most Managers Settle for a Rather Than A(n)