Study Notes

Satisficing behaviour by businesses

Level:
A-Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 14 Apr 2019

Satisficing behaviour is an alternative business objective to maximising profits. It means a business is making enough profit to keep shareholders happy or it's sufficient for investors to maintain confidence in the management they appoint.

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.