Author Question: According to Simon (1977), most human decision making, whether organizational or individual, ... (Read 22 times)

EY67 · **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.

Galvarado142 · **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