satisficing
Satisficing is a decision-making strategy or cognitive heuristic that entails searching through the available alternatives until an acceptability threshold is met. This is contrasted with optimal decision making, an approach that specifically attempts to find the best alternative available.
Example: Pencil & a mechanical pencil
Source: Own
Explanations: The design of a pencil can still cause satisfaction among users since it is able to perform the same function as the mechanical pencil.
Example: Pencil & a mechanical pencil
Source: Own
Explanations: The design of a pencil can still cause satisfaction among users since it is able to perform the same function as the mechanical pencil.