General Studies · Cognitive Psychology
Which of the following best describes a decision-making strategy where a decision maker selects an option that meets a minimum acceptable threshold rather than searching for the optimal choice?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Maximizing
- 2Satisficing✓
- 3Anchoring
- 4Overconfidence
Correct answer
Satisficing
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