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Satisficing Is a Team's Ability to Meet Personal Needs of Its

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Satisficing is a team's ability to meet personal needs of its members and hence maintain their membership and commitment.


Definitions:

Different Performance

Fulfillment of a contractual obligation in a manner that varies from the originally agreed-upon terms yet still satisfies the contract's essential requirements.

Restitution

The return of any property given up under a contract.

Rescission

Rescission is the legal act of canceling, terminating, or voiding a contract, thereby returning all parties involved to their pre-contractual positions.

Contractual Conditions

Essential terms in a contract that must be met for the contract to be fulfilled and are foundational to the agreement's integrity.

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