Question

Eileen, a college professor, has to pick a textbook for an upcoming course. She has just enough time to review a few books from the many choices available. She settles for one of the books, even though the best book might be a book that she hasn't yet reviewed. What is this process called?

Answer 1

Answer:

The answer is d. Satisficing.

Explanation:

The term is a combination of the words "satisfy" and "suffice". This strategy involves examining the available options until an acceptable quality standard is found. It mostly occurs when an optimal choice cannot be made (in the example, the reason is the lack of time). Decision-makers will usually pick the first acceptable option.