Which decision-making strategy aims for a satisfactory outcome rather than the best possible one?

The choice of satisficing decisions is correct because it specifically refers to a decision-making strategy that seeks to find a solution that is good enough to meet the necessary criteria or conditions, rather than attempting to identify the absolute best option. This concept is rooted in the idea that in complex situations with multiple variables, it may be more practical to settle for a satisfactory outcome that meets the decision-maker's needs rather than exhaustively searching for the optimal solution.

This approach acknowledges the limitations of cognitive resources and the constraints of time, leading individuals and organizations to make timely decisions that are satisfactory rather than optimal. By accepting a solution that fulfills specific requirements, decision-makers can act quickly and avoid analysis paralysis, a situation where overthinking impedes action.