Question: Summarize the six steps used in managerial decision making. Decision-Making Steps Recognition of Decision Requirement Diagnosis and Analysis of Causes Development of Alternatives Selection of

Summarize the six steps used in managerial decision making. 

  1. Decision-Making Steps
  2. Recognition of Decision Requirement 
  3. Diagnosis and Analysis of Causes
  4. Development of Alternatives 
  5. Selection of the Desired Alternative 
  6. Implementation of the Chosen Alternative 
  7. Evaluation and Feedback

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