Satisficing

What is Satisficing?

1.

The tendency to search for alternatives only until one is found that meets some mininmum standard of sufficiency

A manager looking for a new site for a new plant, for example, may select the first site she finds that meets basic requirements for transportation, utilities,and price even though further search might yield a better location.hence the term satisficing

See satisficing, satisfy, satisfaction
32

Random Words:

Cheeros
1. Cheeros is used as an extension of a statement, which primarily means So Long or Have a Good Day. I have to sign-out now. Thanks for th..
Read more
Inlining
1. Inner City, Hiphop, Graffiti culture, slang term for adding lines inside a letter. That shit is wack, you shouldn't off added the ..
Read more
W/ever
1. An increasingly popular imabbreviation for 'whatever.' Used when dismissing another person's comments in a chat room or ..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free