When Jerry,a purchasing agent,was looking for ice cream suppliers for JT' Frozen Treats,he got bids from the top two dairies in the area as opposed to all the available suppliers.What type of a decision does he have to make?
A)Programmed
B)Intuition
C)Judgement
D)Satisficing
E)Optimizing

Question

Quizplus · Accepted Answer

When managers satisfice,they search for and choose acceptable,or satisfactory,ways to respond to problems and opportunities rather than trying to make the optimal decision.

When Jerry,a Purchasing Agent,was Looking for Ice Cream Suppliers for JT