An administrator selecting the first option that meets a satisfactory threshold rather than searching indefinitely for t...
Type: MCQ • Marks: 1
An administrator selecting the first option that meets a satisfactory threshold rather than searching indefinitely for the optimal solution is applying:
Options
A. Incrementalism
B. Satisficing
C. Scientific management
D. Zero-base budgeting
Explanation
Satisficing is Simon's concept describing decisions that seek an acceptable or satisfactory alternative rather than an objectively optimal one.
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UPSC Principal & Vice PrincipalManagement Finance Administration
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