The first step in the managerial decision-making process is to
A) evaluate the problem.
B) create a problem opportunity.
C) identify the problem or opportunity.
D) identify a solution to the problem.
E) generate alternative solutions to the problem.

Question

Quizplus · Accepted Answer

The first step in the managerial decision-making process is to identify the problem or opportunity. This involves recognizing a situation that requires a decision to be made, and determining the specific nature of that decision. Without identifying the problem or opportunity, it is impossible to move forward with the decision-making process.

The First Step in the Managerial Decision-Making Process Is to