Question: The type of decision making in which the solution is considered good enough is known as which of the following? Select one: A. maximizing B.

The type of decision making in which the solution is considered "good enough" is known as which of the following?

Select one:

A. maximizing

B. satisficing

C. minimizing

D. rationalizing

Step by Step Solution

★★★★★

3.40 Rating (150 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The correct answer is Satisficing Explanation Satisficing is a decisionma... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Business Communication Questions!

Q:

Write a symbolic microprogram routine for the ISZ (increment and skip if zero) instruction defined in Chap. 5 (Table 5-4). Use the microinstruction format of Sec. 7-3. Note that DR = 0 status...

Q:

The type of decision making a consumer uses for a product does not necessarily remain constant. Why? Support your answer with an example from your own experience.

Q:

What type of decision making customers likely to use while purchasing any product?

Q:

What type of decision making are customers likely to use when purchasing your product?

Q:

No explanation needed. Only multiple choice answer. Please follow instructions and try to finish under 1 hour needed very fastt. Thank you List the non permissible valuess) of 6X- 3 1 6 x2- 49 Finish...

Q:

What are some of the reporting uses for the 1099 series of IRS forms (also known as "information returns")? Select one: a. Reporting of self-employment or independent contractor income b. Reporting...

Q:

What are the major factors to consider in individual decision making? Related to this type of decision making, please consider the following questions: What are the four Jungian decision styles, and...

Q:

What are the major factors to consider in group decision making? Related to this type of decision making, please consider the following questions: Compare the four primary pitfalls of group decision...

Q:

Distorted Product Costs Sharp Paper Inc. has three paper mills, one of which is located in Memphis, Tennessee. The Memphis mill produces 300 different types of coated and uncoated specialty printing...

Q:

Seth Berkowitz is the founder and CEO of Insomnia Cookies, a late night chain of stores on college campuses that sells cookies and brownies to hungry students. Berkowitz conceptualized and began his...

Q:

a. Describe which type of decision making you think Bennett engages in most often. b. Explain how Bennett's behaviors show various commitments: to the customer, organization, co-workers, and the...

Q:

Prepare the general journal entries to properly record each of the following transactions and events in the appropriate general ledger accounts of the appropriate funds for the year ended June 30,...

Q:

These numbers are not written in proper scientific notation. Rewrite them so that they are in proper scientific notation. a. 8,099 10-8 b. 34.5 100 c. 0.000332 104

Q:

After reading the case, describe how Brian Chesky and Joe Gebbia are creating a team - based culture. In your description identify best practices from the case in building a team. Summarize best...

Q:

* Draw the following_figure by using any of the coordinate system of AutoCAD, and 1. Create a copy at 200,200 and 400,400. 2. Rotate it at 65 angle. 3. Scale it at 0.8 and 1.8. 20 50 40 30 30,50 100

Q:

Nine runners agree to participate in a study on two brands of shoes on the time to run a race. The runners are asked to run a 10-kilometer race on each of two consecutive weeks. In one of the races,...

Q:

Create a Customer Satisfaction Survey Form. The form should address the following: The very first section should describe the product or service offered. The second section should have the survey...

Q:

We would like to conduct a hypothesis test to determine if there is a difference in mean right- hand and left-hand gripping strengths in the population. Gripping strengths with the right hand and the...

Q:

A Wastewater Treatment Facility uses primary, biological and secondary treatment processes. The BOD and TSS removal efficiencies are given below. Influent BOD and TSS are 300 and 450 mg/L...

Q:

The legal doctrine that shifts the burden of proof from the plaintiff to the defendant is ___________. res ipsa loquitur respondeat superior stare decisis ratio scripta

Q:

How is this addressed in the AMA Statement of Ethics? Go to the AMA Web site at www.marketingpower.com/AboutAMA/ and reread the Statement of Ethics. Write a brief paragraph summarizing where the AMA...

Q:

Why are more firms jumping on the cause-related marketing bandwagon?

Q:

What is meant by knowledge management? Why is it so important in a CRM system?

Q:

What type of goals will best help you stay focused and motivated to do your finest work in this class?

Q:

Effective managers often exhibit only task leadership. only social leadership. both task and social leadership, depending on the situation and the person. task leadership for building teams and...

Q:

The standard deviation is the most useful measure of variation in a set of data because it tells us the difference between the highest and lowest scores in the set. the extent to which the sample...