A Decision Strategy That Seeks to Deliver an Adequate Solution

question 53

Multiple Choice

A decision strategy that seeks to deliver an adequate solution rather than the best possible solution is referred to as ________.

• A) inertia
• B) rationalizing
• C) satisficing
• D) anchoring

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Definitions:

Stream Of Commerce

The flow of goods and services through the supply chain from producers to consumers.

Assignment

The act of transferring rights, interests, or obligations from one party to another under contractual agreements.

Sublease

A tenant’s transfer of all or part of the leased premises to a third person for a period shorter than the lease term.

Landlord's Consent

Approval granted by a landlord, typically required for certain actions by the tenant such as subletting, making alterations to the property, or assigning the lease to another party.