Which of the following statements is true about the process of decision making?
A) It ends when the decision situation has been defined.
B) It includes putting the chosen alternative to practice.
C) The first step in the process is to identify alternatives to a problem.
D) The process is said to be complete when a set of alternatives to a problem has been created.
E) In a business scenario, the decision-making process is always aimed at finding a way to increase profits.

Question

Quizplus · Accepted Answer

The decision-making process includes recognizing and defining the nature of a decision situation, identifying alternatives, choosing the "best" alternative, and putting it into practice.

Which of the Following Statements Is True About the Process