Satisficing is defined as which?

• A. Negotiation to arrive at acceptable compromise
• B. Maximizing efficiency
• C. Rigorous optimization
• D. Ignoring constraints

Answer: (A)

Satisficing is about choosing a solution that is good enough rather than the best possible one, acknowledging limits on information, time, and cognitive effort. In practice, decision-makers look for an option that meets minimum criteria and is feasible, often settling through negotiation to reach an acceptable compromise among competing interests.

This best matches the description of arriving at an acceptable compromise rather than pursuing maximum efficiency or a rigorously optimized outcome, and it assumes constraints are acknowledged rather than ignored.