Shopping is a process that people either tend to enjoy or hate. I'll go out on a limb and say that some people enjoy shopping less than others. As a result, those who like to shop may choose to optimize when they shop while the others may choose to satisfice. What does this mean and what are the implications for the workplace?
Feelings take precedence in decision-making for senior business leaders, according to a study on emotions and business. Researchers also discovered that executives believe values, company culture and reputation are just as important as big data when it comes to making decisions.