Question: Herbert Simon ( 1 9 1 6 - 2 0 0 1 ) created the term satisficing. What does this term mean? Group of answer

Herbert Simon (1916-2001) created the term "satisficing". What does this term mean?
Group of answer choices
It describes the best decisions possible using incomplete or imperfect information.
Being satisfied with your decision, despite criticism from others.
Meeting the needs of an organization using materials available
Spending just the required time on a problem, using accurate decision data.

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