________ are made by selecting the first minimally acceptable alternative as it becomes available.
A) Business decisions
B) Rational decisions
C) Optimal decisions
D) Satisficing decisions

Question

Quizplus · Accepted Answer

Satisficing decisions are made by choosing the first minimally acceptable option rather than trying to identify the optimal solution. This approach is often used when time or resources are limited or when the decision-maker may not have access to all the information needed to make an optimal decision.

________ Are Made by Selecting the First Minimally Acceptable Alternative