Asked by Haley Schmidt on Jun 16, 2024
Verified
When individuals and teams stop looking for possible goals or solutions to a problem after finding one that seems adequate,they have engaged in ____.
A) limited search
B) risk propensity
C) escalating commitment
D) emotional block
Limited Search
A decision-making process where the search for alternatives is restricted by constraints like time and information.
Risk Propensity
The inclination or tendency of an individual or organization to take or avoid risks, often influencing decision-making processes and outcomes.
Emotional Block
A psychological barrier that prevents a person from expressing their feelings or emotions, often hindering effective communication and personal development.
- Comprehend the basic concepts of satisficing and their significance in making decisions when faced with limited rationality.
Verified Answer
Learning Objectives
- Comprehend the basic concepts of satisficing and their significance in making decisions when faced with limited rationality.
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