The words satisfice and maximize are opposites rather than synonyms. When a manager does not have enough information to maximize, or find the best possible solution to a problem, he or she must compromise, or satisfice. When you satisfice you accept not the best solution, but a solution ."that is "good enough True O False O
The words satisfice and maximize are opposites rather than synonyms. When a manager does not have enough information to maximize, or find the best possible solution to a problem, he or she must compromise, or satisfice. When you satisfice you accept not the best solution, but a solution ."that is "good enough True O False O
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
![e 7:50 O147% “®.ll|a O
W Orange JO
نت
1:۳۲م
100 JA
17 نيسان 4:17 ص
ttu.thuraya.io
Done
لقد بدأت هذا الاختبار في وقت قريب من وقت موعد
تسليمه، لذا لن يتوفر لك كل الوقت الكامل لحل
الاختبار.
The words satisfice and
maximize are opposites rather
than synonyms. When a
manager does not have enough
information to maximize, or
find the best possible solution
to a problem, he or she must
compromise, or satisfice. When
you satisfice you accept not the
best solution, but a solution
."that is "good enough
True
False](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2db56039-f257-4fca-a367-3122e165ba2e%2Fa3a9baec-9abb-4d73-afe6-4b09be03597e%2F4b6fzm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:e 7:50 O147% “®.ll|a O
W Orange JO
نت
1:۳۲م
100 JA
17 نيسان 4:17 ص
ttu.thuraya.io
Done
لقد بدأت هذا الاختبار في وقت قريب من وقت موعد
تسليمه، لذا لن يتوفر لك كل الوقت الكامل لحل
الاختبار.
The words satisfice and
maximize are opposites rather
than synonyms. When a
manager does not have enough
information to maximize, or
find the best possible solution
to a problem, he or she must
compromise, or satisfice. When
you satisfice you accept not the
best solution, but a solution
."that is "good enough
True
False
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