Question: Rayya is exploring multiple suppliers in order to find the best price. However, instead of calling all seven potential suppliers, he only reaches out to

Rayya is exploring multiple suppliers in order to find the best price. However, instead of calling all seven potential suppliers, he only reaches out to the first four and bases his selection on those instead of contacting all suppliers. Rayya

s action best describes the concept of

Group of answer choices

satisficing.

optimal decision making.

the illusion of control.

escalating commitment.

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