Question

Gloria, the controller of Luna Pizza, is purchasing several new delivery vehicles. Gloria has numerous work responsibilities, so she has limited time to shop for cars. Because of the time constraints, she cannot make an extensive search for the best alternative, so she looks for cars until she finds a model that is satisfactory. Gloria is following the ________ model.
a. limited focus
b. limited scope
c. dilemma
d. rational
e. satisficing

Answer 1

Answer:

e. satisficing

Explanation:

Satisficing model -

This concept of decision - making was first given by , Herbert Simon .

It is the strategy of the decision - making , which require the process of searching until and unless the threshold is met .

This concept explains the the nature and thoughts of decision - makers under a specified condition .

Hence , from the question data , Gloria follows the satisficing model .

Answer 2

The correct answer is E) satisficing.

Gloria is following the satisficing model.

As Gloria has numerous work responsibilities and she has limited time to shop for cars, the decision she is about to make is not the product of good research on price, utility, durability, efficiency, and other important factors that should be considered. That is why she is using the satisficing model, a decision-making method that is not the best but that allows the individual to select a decent product under the above-mentioned circumstances.