When Choosing a Phone Plan, Felix Decides on the First

question 38

Multiple Choice

When choosing a phone plan, Felix decides on the first option that meets the company's requirements rather than investigating all available options. This is an example of

• A)maximizing.
• B)compromising.
• C)optimizing.
• D)satisficing.
• E)framing.

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Definitions:

Venture Capitalists

Investors who provide capital to startup companies and small businesses with long-term growth potential in exchange for equity.

Informal Style

A writing or speaking style that is more relaxed, personal, and conversational, as opposed to formal.

Audience Benefits

The advantages or gains that the audience receives from engaging with content, services, or products.

Selling Product

The process of promoting and transferring ownership of a product from the seller to the buyer for payment.