Question: Why do managers satisfice rather than maximize during their decision making? They need to make a decision that is rational and avoids assumption. They cannot

Why do managers satisfice rather than maximize during their decision making?
They need to make a decision that is rational and avoids assumption.
They cannot analyze information on all alternatives.
They can make consistent choices that maximize value.
They have experience and accumulated judgment on the issue.
Why do managers satisfice rather than maximize during their decision making?

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