This Decision Framework In Action is a decisionmaking technique in which an individual considers various solutions until they find one that is acceptable. Satisficing is a term coined by psychologist Herbert A. Simon that combines sufficing and satisfying. He contended that many people make decisions that result in a satisfactory but not optimal outcome. Satisfactory decisions are preferred because they produce an acceptable outcome while avoiding the timeconsuming search for something more optimal. To get started, you can use EdrawMax online to create this Decision Framework In Actions diagram.
