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Preferred term

satisficing  

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]

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https://concepts.sagepub.com/social-science/concept/satisficing

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