10.8k views
0 votes
James March and Herbert Simon use the term ______ to describe how decision makers simplify the process by screening out silly options and stop searching when they come upon a satisfactory alternative, even if it is not an exhaustive search.

User Hagbard
by
6.7k points

1 Answer

2 votes

Answer:

Satisficing

Step-by-step explanation:

Satisficing means that decision makers choose the first solution alternative that satisfies minimal decision criteria.

User Illia Yaremchuk
by
6.9k points