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
Random Words:
1.
(1) Police code for a robbery currently taking place
(2) The act of consuming a 40 oz. of Steel Reserve malt liqour
Stan: "Dude y..
1.
a preppy person's way of describing something or someone beyond gangster; level of gangster
"Damn......that song is gangsterl..
