General Studies · Decision Making Models
Which of the following best characterizes 'satisficing' behavior in organizational decision-making?
- 1Making a critical strategic choice based entirely on emotional impulses rather than logical reasoning
- 2Completely ignoring available empirical data due to confirmation bias
- 3Exhaustively evaluating all potential alternatives to find the mathematically optimal solution
- 4Selecting the first alternative that meets the established minimum acceptability criteria✓
Correct answer
Selecting the first alternative that meets the established minimum acceptability criteria
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