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. rationale. e. satisficing
Correct option is (e)
Satisficing model is a decision making model that aims at selecting a satisfactory outcome or product by going through available options rather than aiming for the best or optimal outcome. To obtain optimal outcome, one needs to put in efforts in terms of time and energy.
In this case, Gloria follows satisficing model as she cannot make extensive research due to time constraints. so she aims at buying a car that seems satisfactory to her.
The satisficing is one of the type of satisfactory model that helps in understanding the various types circumstances that helps in creating the various types of decisions.
The satisficing is the process of performing the various types of strategies for achieving the desirable result and it basically explain the various types of behaviors of the decision process.
According to the given question, Gloria is using the satisficing model for the purpose of providing the satisfaction by choosing the best alternative.
Therefore, satisficing is the correct answer.
e. satisficing model
Satisficing model -
It is the strategy for making decision , which focus for the proper and satisfactory result , instead of any optimal solution .
Rather than applying a lot of exertion for the attainment of goal , the motto of satisficing is the pragmatic effort of the tasks .
Hence , from the question , Gloria is following the Satisficing model .
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 .
Gloria is following the SATISFICING model.
When we want to choose something or make a decision we will go through many options until we can pick the one that may not be a best solution but is good enough.It may not be the best but still a reasonable solution especially considering that it will be cheaper or cost effective when compared to choosing the best solution. So with this option we can achieve the same work but at a lower price. Sometimes due to insufficient time availability we may just pick up whatever solution that can work in this way we try to save ourselves effort ,time and money
Gloria for example doesn't have enough time to do extensive search on cars so she just look for a car that will satisfy what she is looking for even if it may not be the best option but still it would be a good option.
Gloria, Luna Pizza's operator, is purchasing a number of new vehicles for delivery. Gloria has many obligations in the workplace, so she has limited amount of time for car shopping. She can't do an exhaustive search for the best option because of the time constraints, so she looks for cars before she finds a suitable version. Gloria follows the pattern that is satisficing.
Satisficing is a cognitive heuristic or decision-making technique that includes looking through the options available until an acceptability threshold is reached.
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.