The "Good Enough" Perspective on Decision Making Is Known as ________

question 54

Multiple Choice

The "good enough" perspective on decision making is known as ________.

• A) bounded rationality
• B) framing
• C) a nudge
• D) default bias

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Definitions:

Delaying Gratification

The ability to postpone immediate pleasure or satisfaction in order to achieve a longer-term goal.

Uncertainty Avoidance

A cultural dimension that describes the degree to which people in a society feel uncomfortable with ambiguity and uncertainty.

Ambiguity

The quality of being open to more than one interpretation; lack of definiteness or clarity.

Assertiveness

A communication style characterized by confidently expressing one’s thoughts, feelings, and needs directly and respectfully.