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
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Random Words:
1.
The ability or lack thereof of a physical entity to hold or contain water.
Ex 1: The glass pitcher is highly aquavestulant while the so..
1.
Someone's strength or specialty; A subject (such as computers) that someone knows enough about that they could help someone with(th..
