Question

1) Instead of polling all faculty members in the business department, Michael wants to simply use a list of testing methodologies used by professors in the group. This is an example of _______.

Answer 1

Answer:

The correct answer is: satisficing.

Explanation:

Satisficing is a term coined by American economist Herbert A. Simon (1916-2001) that is a blend of the terms "satisfying" and "sufficing" and that combined Simon used to illustrate that when we have to make a decision we don't spend much time weighing all the possible options, rather we choose the first reasonable option available.