odiallo9989 odiallo9989

19-06-2017
Business

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?daniel has started a small shoe manufacturing company. he does not want the best equipment at the moment, so he is using equipment that is good enough to work with. in this scenario, daniel is _____. ?specializing ?maximizing ?discounting ?satisficing

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Greenleafable Greenleafable

26-06-2017

In this scenario, Daniel is satisficing.
According to its definition, to satisfice means 'decide on and pursue a course of action that will satisfy the minimum requirements necessary to achieve a particular goal.' So, Daniel is weighing his options and looking for the means which will provide him with the best results possible when it comes to his small shoe manufacturing company.

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