Multiple Choice
Juan is faced with multiple choices of suppliers who have the same product at virtually the same price. He also knows there are many more suppliers out there that would be comparable; however, he has a short amount of time to make up his mind, so he chooses Elrood Gasket's product. Why type of decision does this represent?
A) programmed
B) bounded
C) confirmation
D) groupthink
E) satisficing
Correct Answer:
Verified
Correct Answer:
Verified
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