In the decision-making process, ________ means achieving the best possible balance among several goals.
A)maximizing
B)compromising
C)optimizing
D)satisficing
E)framing

Question

Quizplus · Accepted Answer

Optimizing involves finding the best possible balance among several goals, taking into consideration all of the available alternatives and selecting the one that maximizes the benefits and minimizes the drawbacks. Maximizing involves selecting the best possible option regardless of other factors, while satisficing involves selecting an option that meets minimum criteria but may not be the best. Compromising involves finding a middle ground between competing goals or interests, while framing involves the way in which a problem or decision is presented, which can influence the decision-making process.

In the Decision-Making Process, ________ Means Achieving the Best Possible