Which of the following is not one of the steps in managerial decision making?
A)Predicting the consequences of a decision
B)Exploring the alternatives to the decision
C)Defining the problem and the objectives of the decision
D)Negotiating a consensus to implement the decision
E)Performing a sensitivity analysis

Question

Quizplus · Accepted Answer

Negotiating a consensus to implement the decision may be a part of the decision-making process, but it is not a step that is commonly included in traditional models of managerial decision making. The other options listed (predicting consequences, exploring alternatives, defining the problem and objectives, performing sensitivity analysis) are all generally recognized as key elements of the decision-making process.

Which of the Following Is Not One of the Steps