______ is a decision-making process in which an individual makes a choice that is satisfactory rather than optimal.
Satisficing is a decision-making process in which an individual makes a choice that is satisfactory rather than optimal.2It would require a great deal of effort – and may not even be possible – to gather all the necessary information in order tomake the best decision, and satisficing thus represents the kinds of decisions we are actually capable of making. Satisficing is all about making ‘good enough’ decisions instead of perfect ones.
Central govt. will disinvest its _______ shares which are held in ITC ltd.
When is the ‘World Red Cross Day’ celebrated ?
In which of the following states is Asia's largest Compressed BioGas plant being inaugurated by the union minister?
Who has become the 75th Grandmaster of India by winning a tournament in Romania?
Which country won the Men’s Hockey World Cup 2023 title?
Who has been appointed as the brand ambassador for the Fit India Movement (Feb 2024)?
The Indian railways has launched an operation for the safety and security of the passengers, name the operation.
Recently ASEAN member states have celebrated _____ anniversary in 2022?
Who is the recently elected Prime Minister of Israel?
Where was India's first Gati Shakti Research Chair established?
