Business Studies, asked by rohitkashyappk, 10 months ago

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?

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Answered by Anonymous
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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 aburaihana123
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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

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