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:

1. Men named Jeff who wear robes in the house and aspire to be just like Hugh Hefner. There's a Jeffner in my living room watching Pl..
1. returd re·turd·ed, re·turd·ing, re·turds v. tr. 1. To deficate feces that has already been deficated and re-inserted into the colo..
1. a really hip place to be. you'll know that you're in the coolest place in the world when you're surrounded by dudes with ..