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MANAGERIAL decision making process

Answer»

Answer:

Step 1: Identify the decision. You realize that you need to make a decision. ...

Step 2: Gather relevant INFORMATION. ...

Step 3: Identify the alternatives. ...

Step 4: Weigh the evidence. ...

Step 5: Choose among alternatives. ...

Step 6: Take action. ...

Step 7: Review your decision & its consequences.



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