Asked by Kassy Lazcano on Jun 17, 2024
Verified
________ refers to the practice of accepting a solution to a problem that is not optimal but is good enough to meet pre-established criteria.
Satisficing
A decision-making strategy that involves choosing an option that meets a minimum level of satisfaction rather than the optimal solution.
- Comprehend the principle of satisficing and its function in the process of decision-making.
Verified Answer
MP
Learning Objectives
- Comprehend the principle of satisficing and its function in the process of decision-making.
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