An)________ decision chooses the alternative giving the absolute best solution to a problem.
A)satisficing
B)intuitive
C)optimizing
D)experimental
E)heuristic

Question

Quizplus · Accepted Answer

An optimizing decision is the one that chooses the best possible solution to a problem, without any compromises or limitations. It implies analyzing all available alternatives, considering all possible outcomes and consequences, and selecting the most favorable option. Satisficing decisions, on the other hand, accept a satisfactory solution that meets minimum requirements, while intuitive decisions are based on quick, automatic, and unconscious judgments. Experimental decisions involve testing and analyzing different solutions before choosing one, while heuristic decisions rely on rules of thumb and simplified decision-making strategies.

An)________ Decision Chooses the Alternative Giving the Absolute Best Solution