Top Posters
Since Sunday
p
34
30
C
18
I
13
n
13
a
12
11
C
11
s
11
11
m
11
10
New Topic  
wrote...
Posts: 204
Rep: 5 0
3 weeks ago
Describe the four step process of management decision-making.
Textbook 

Analytics, Data Science, & Artificial Intelligence: Systems for Decision Support


Edition: 11th
Authors:
Read 42 times
1 Reply
Replies
Answer verified by a subject expert
wrote...
Posts: 246
3 weeks ago
Sign in or Sign up in seconds to unlock everything.
Managers usually make decisions by following a four-step process:
1. Define the problem (i.e., a decision situation that may deal with some difficulty or with an opportunity).
2. Construct a model that describes the real-world problem.
3. Identify possible solutions to the modeled problem and evaluate the solutions.
4. Compare, choose, and recommend a potential solution to the problem.
1

Related Topics

New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers.
Learn More
Improve Grades
Help Others
Save Time
Accessible 24/7
  67 People Browsing
Related Images
 3807
 1831
 87