A Vice-Principal selects a software system that meets all essential requirements at an acceptable cost rather than spend...
Type: MCQ • Marks: 1
A Vice-Principal selects a software system that meets all essential requirements at an acceptable cost rather than spending months searching for the theoretically perfect system This is an example of:
Options
A. Maximisation
B. Satisficing
C. Escalation of commitment
D. Groupthink
Explanation
The decision-maker chooses an alternative that meets acceptable criteria under practical constraints.
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UPSC Principal & Vice PrincipalManagement Finance Administration
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