satisficing behaviour

satisficing behaviour Behaviour by a company or an individual that is aimed at achieving satisfactory returns rather than optimum profit or growth. Given the limitations on any individual’s knowledge of the total market situation, this is often a more rational approach than an abstract commitment to maximizing returns. Seebounded rationality. See alsobehavioural finance.

• standard direct labour rate
• standard direct materials cost
• standard direct materials price
• standard fixed overhead cost
• standard hour
• Standard Industrial Classification
• standardization strategy
• standardized marketing mix
• standard marginal costing
• standard materials usage
• standard mix
• standard operating profit
• standard overhead cost
• standard performance
• standard production cost
• standard purchase price
• standard rate
• standard selling price
• standard time
• standard variable overhead cost
• standby agreement
• standby credit
• standing order
• standstill agreement
• start-up