A series of eight steps that begins with identifying a problem and decision criteria and allocating weights to those criteria; moves to developing, analysing and selecting an alternative that can resolve the problem; implements the alternative; and concludes with evaluating the decision's effectiveness is the ________.
A)decision-making process
B)managerial process
C)maximin style
D)bounded rationality approach
E)legalistic opportunism process

Question

Quizplus · Accepted Answer

The given steps describe the decision-making process, which involves identifying a problem, developing alternative solutions, selecting the best alternative, implementing it, and evaluating its effectiveness. The other options, such as managerial process, maximin style, bounded rationality approach, and legalistic opportunism process, do not accurately describe the steps of the decision-making process.

A Series of Eight Steps That Begins with Identifying a Problem