Why do people satisfice?

Why do people satisfice?



A) Resource restraints usually prevent people from entertaining all the options possible.
B) Solutions that solve a problem, even if they are not the best solution, are generally satisfactory.
C) Any solution that solves a problem will be considered to be acceptable if the other possible options are not explored.
D) In general, people lack the motivation to perform rational decision-making fully.
E) The limited information-processing capability of human beings makes it impossible to assimilate and understand all the information necessary to optimize.

Answer: E


OBE

Learn More Multiple Choice Question :