Explain what satisficing is and when it may be a good strategy.

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Organizational Behavior

ISBN: 9781593998776

1st Edition

Authors: OpenStax

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Question Posted: Sep 07, 2023 08:11 AM

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Explain what satisficing is and when it may be a good strategy.

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Satisficing is a decisionmaking strategy that combines two words satisfy and suffice It was coined by Herbert A Simon a Nobel laureate in economics an...View the full answer

Organizational Behavior

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