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8 July, 02:05

Andrea is under a lot of time pressure to make a decision. As a result, she chooses the first acceptable solution without considering any more possibilities. Andrea has engaged in satisficing behavior. Select one: True / False?

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  1. 8 July, 03:54
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    True

    Explanation:

    Satisficing behavior is concerned simply with attaining a sought obectives. It is a decision making technique in which managers accept the first satisfsactory decision they uncover. It means searching for and accepting something that is satisfactory rather than insisting on the perfect or optimal.

    As in the above mentioned scenario, Aandrea chooses the first acceptable solution without considering any more possibilities. Andrea has engaged in satisficing behavior.

    Hence it is a true statement.
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