Answer:
C. Satisficing model
Explanation:
Satisficing model aims at reaching and receiving the results which makes the desired person satisfied with the results.
It basically provides the company and its management to not only find an optimal solution but a solution which is satisfying for the management.
Thus, in the given instance management sets a prescribed percentage as results they desire for sales, and related profit which further results in desired level of growth.
Thus, this is about satisfactory results that is Satisficing model.
The Satisficing model is the options to the current theory of the firm maintains that managers try to complete any goal that is defined in terms of a specified level of sales, profits, etc.
Satisficing is a decision-making process that seeks a sufficient result, rather than the best solution. Rather than setting the highest effort toward achieving the ideal result.
It focuses on sensible steps when faced with charges.
It essentially furnishes the company and its direction to not just encounter an optimum resolution, but an explanation which is fulfilling for the control.
Thus, in the given example, management develops a visited percentage of outcomes they want for sales and connected profit, which additionally results in the desired level of growth.
Therefore, option C is correct.
Learn more about the Satisficing model, refer to:
https://brainly.com/question/24961412
