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.
Called "baby-faced assassin" by the british media. Scored the winning goal in the champions league in 1999.
Who Put the Ball ..
