The first step in the managerial decision-making process is to
A) evaluate the problem.
B) create a problem opportunity.
C) identify an 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 an opportunity. This means recognizing a situation or problem that requires a decision to be made. Without identifying an opportunity, there is no basis for making a decision. Evaluating the problem, creating a problem opportunity, identifying a solution, and generating alternative solutions all come after the identification of the opportunity.

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