Decision making may be viewed as the process by which individuals select a course of action from among alternatives to produce a desired result. It is a process made up four continuous interrelated phases: explorative, speculative, evaluative, and selective" Comment?
Answers
Answered by
0
Decision making may be viewed as the process by which individuals select a course of action from among alternatives to produce a desired result. It is a process made up four continuous interrelated phases: explorative, speculative, evaluative, and selective"
Because They Play an Very Important Role in Business
Answered by
0
Decision Making:
Decision making is the process of choosing best alternatives for reaching objectives.
It is the process consists of four continuous interrelated phases
- Explorative means searching for decision-making,
- Speculative is the identification the factors affecting the decision problem and
- Evaluation is the analysis and weighing alternative course of action.
- Decision making is a selective process where managers have to consider the various factors before selecting a course of action.
To know more:
Do you think the decision making in your house is democratic? Does everyone have a say in it?
https://brainly.in/question/4836234
Similar questions
Physics,
5 months ago
India Languages,
5 months ago
Hindi,
5 months ago
Computer Science,
1 year ago
Computer Science,
1 year ago