Multiple Choice
Which of the following is an accurate description of satisficing?
A) viewing problems from a fresh perspective to come up with creative alternative solutions to specific problems
B) generating creative alternatives to solve problems and taking advantage of opportunities by abandoning existing mind-sets
C) conducting a retrospective analysis to see what can be learned from past successes or failures
D) searching for and choosing acceptable or satisfactory ways to respond to problems and opportunities rather than trying to make the optimal decision
E) seeking and using information that is consistent with prior beliefs and ignoring information that contradicts those beliefs
Correct Answer:

Verified
Correct Answer:
Verified
Q26: Corey has been looking at several alternative
Q27: _ are rules of thumb that simplify
Q28: Raul, the president of Bank Missouri, is
Q29: When paper supplies reach a minimum level,
Q30: Intuitive decisions require time and effort and
Q32: _ are mistakes in decision making that
Q33: Which of the following is a guideline
Q34: Which of the following is true about
Q35: _ is present when managers know the
Q36: Decision making is the process by which