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  3. Study Set
    Management Study Set 28
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    Exam 5: Planning and Decision Making
  5. Question
    The Goal of Satisficing Is to Thoroughly Understand the "Best
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The Goal of Satisficing Is to Thoroughly Understand the "Best

Question 56

Question 56

True/False

The goal of satisficing is to thoroughly understand the "best practices" of other firms and to undertake actions to achieve better performance and lower costs.

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