When a manager makes a "satisficing" decision they have made:
A)an acceptable but not optimal decision.
B)an unacceptable and inappropriate decision.
C)the optimal decision.

Question

Quizplus · Accepted Answer

A satisficing decision is one where the manager makes a decision that is considered acceptable or "good enough," but not necessarily optimal or the best possible decision. The manager may consider factors such as time constraints, availability of resources, or limited information when making a satisficing decision.

When a Manager Makes a "Satisficing" Decision They Have Made