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    Essentials of Contemporary Management Study Set 3
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    Exam 3: Managing Decision Making
  5. Question
    Satisficing Is When Managers Make Lightning-Quick Calculations of Costs and Benefits
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Satisficing Is When Managers Make Lightning-Quick Calculations of Costs and Benefits

Question 81

Question 81

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Satisficing is when managers make lightning-quick calculations of costs and benefits that lead to optimal decisions.

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