What is satisficing?

What will be an ideal response?

Satisficing suggests that managers sometimes adopt the first minimally acceptable alternative they identify, when a further search might suggest an even better alternative.

Business

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Consumers often rely on decision guidelines, or mental rules of thumb, when weighing the merits of competing brands. These rules are referred to as ________

A) evaluative criteria B) attitudes C) affects D) heuristics E) cognitions

Business

In a shared workspace you may eat any foods you would eat at home

Indicate whether the statement is true or false

Business