Teaching PowerPoints

3.2.1 Profit Satisficing (Edexcel A-Level Economics Teaching PowerPoint)

Level:
A-Level
Board:
Edexcel

Last updated 28 Aug 2023

Here is a simple, editable PowerPoint covering the content of Unit 3.1.2 on Profit Satisficing as a business objective.

Satisficing involves the owners of a business (shareholders) setting minimum acceptable levels of achievement of revenue and/or operating profits to managers (agents)

The term "satisficing" is a combination of "satisfy" and "suffice," and it suggests that instead of trying to find the best possible outcome, decision-makers settle for options that meet a certain minimum level of criteria.

Satisficing means that a business is making enough profit to keep shareholders happy, or it is sufficient for investors to maintain confidence in the management they appoint.

Download this PowerPoint

Related products

Daily Email Updates

Subscribe to our daily digest and get the day’s content delivered fresh to your inbox every morning at 7am.

Signup for emails

© 2002-2025 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.