Managers Use Satisficing to Achieve the Best Possible Outcome

question 18

True/False

Managers use satisficing to achieve the best possible outcome.

---

Definitions:

Mass Customization

A production process that allows products to be produced specifically for individual customers.

Merry Maids

A franchised domestic cleaning service company operating in the United States.

Operations Management Process

Involves planning, organizing, coordinating, and controlling all the resources needed to produce a company's goods or services.

Custom Printing Shops

Businesses that specialize in personalizing and printing products according to customer specifications.