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:

Quedget
1. The smell on the asphalt after it rains in a Publix parking lot. Usually smells like hot garbage and african americans. See Quedge. A ..
Read more
Saddened
1. a word used to express all anxieties. when you are down or bummed. an extension of the word sad. {sad} "OMG they don't have ..
Read more
Doin Too Much
1. trying too hard, usually in how the subject may be dressing or talking. "Daaaaamn, Booshanadaqueeda be doin' too much wearin ..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free