Definition, Meaning & Synonyms

satisficing

verb

/ˈsæt.ɪs.faɪs/

Definition

A decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution.

Examples

When faced with too many options, she decided to satisficing by choosing the first one that met her basic requirements.
Managers often use satisficing in decision-making to quickly reach an acceptable solution without extensive deliberation.

Meaning

Satisficing is a blend of the words ‘satisfy’ and ‘suffice.’ It refers to the practice of choosing an option that meets an acceptable threshold of satisfaction instead of selecting the absolute best choice.