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Author Question: According to Simon (1977), most human decision making, whether organizational or individual, ... (Read 46 times)

EY67

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on: Jul 7, 2018
According to Simon (1977), most human decision making, whether organizational or individual, involves a willingness to settle for a satisfactory solution, something less than the best. This is called satisficing.
 
  How does a decision maker go about satisficing?

Question 2

Kaplan and Norton developed a report that presents an integrated view of success in the organization called
 
  A) metric management reports.
  B) balanced scorecard-type reports.
  C) dashboard-type reports.
  D) visual reports.


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Galvarado142

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Reply #1 on: Jul 7, 2018
Answer to Question 1

When satisficing, the decision maker sets up an aspiration, a goal, or a desired level of performance and then searches the alternatives until one is found that achieves this level.

Answer to Question 2

B


EY67

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review

bitingbit

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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