_________Occurs When Managers Choose an Alternative That Is Good Enough

question 58

Multiple Choice

_________occurs when managers choose an alternative that is good enough, rather than the best possible alternative.

• A) Maximizing
• B) Optimizing
• C) Availability bias
• D) Negative frame
• E) Satisficing

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Definitions:

Environmental Impact Statement

A document that describes the effects of proposed projects on the environment, required for certain actions by government agencies.

National Environmental Policy Act

U.S. legislation aimed at ensuring that governmental activities consider environmental impacts and involve public engagement.

Business

An organization or enterprising entity engaged in commercial, industrial, or professional activities.

Civil and Criminal Sanctions

Penalties or coercive measures that may be imposed by civil or criminal courts for violations of laws or regulations.