attitudes
type: Concept
broader: satisficing

concepts
type: Collection
type: ConceptGroup
member: satisficing

decision making in business
type: Concept
narrower: satisficing

judgment and decision making
type: Concept
narrower: satisficing

satisficing
type: Concept
broader: social cognition
broader: judgment and decision making
broader: decision making in business
definition: Satisficing takes place when an individual arrives at a decision that is good enough according to the information at hand. When a person satisfices, he or she is not necessarily arriving at the best decision but at one that is considered adequate for the achievement of the current goals. [Source: Encyclopedia of Business Ethics and Society; Satisficing]
narrower: attitudes

social cognition
type: Concept
narrower: satisficing