Question: Explain the 4 business decision making and give an example each. 1. Intelligence 2. Design 3. Choice 4. Implementation.

Explain the 4 business decision making and give an example each.

1. Intelligence

2. Design

3. Choice

4. Implementation.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

1. The first model of decision making in chapter 4 has four distinct phases. The first phase, intelligence, involves detecting and interpreting signs. These signs indicate that there is a problem, a...

Q:

1) Describe the importance of developing an effective "mission statement" What themes and information should be included in a mission statement? Who is the target audience of the message and what are...

Q:

please help me. I can pay only 70 dollars in this assignment Topic 1 & 2 Introduction to financial management and the Australian Taxation system Financial Markets 2 Learning Objectives Describe what...

Q:

please help me in 70 dollars to do this assignment iin APA style referencing Topic 1 & 2 Introduction to financial management and the Australian Taxation system Financial Markets 2 Learning...

Q:

CLO Business Decision-Making Project Part 1 Ashley Brown QNT/275 May 23rd, 2016 Sales Decline at McDonalds Inc. This was a captivating undertaking and after much thought, the organization I picked is...

Q:

Humans consciously or subconsciously follow a systematic decision-making process in each process 1) Intelligence 2) Design 3) Choice 4) Implementation How to support your decision in each process?...

Q:

16. Listen What type of knowledge-based decision making is based on considering explicit knowledge and objective facts using algorithmic (mathematical) analysis? Question 16 options: Qualitative...

Q:

1-One of the major objectives of computerized decision support is to facilitate closing the gap between the current performance of an organization and its desired performance. In a small paragraph,...

Q:

explain to me what this means please Chapter 1. Vlewt About financiot Cout. And Manogement Accounting in A business Organtzotton Another view of these three atech of occounting thiows that cost...

Q:

Details of assessment task 1 The business environment ( climate ) is constantly changing, and it is becoming more and more complex. Organizations, private and public, are under pressures that force...

Q:

Alex limited is facing a loss in business during the financial year 2018-2019. In the immediate preceding three financial years, the company had declared dividends at the rate of 7%, 11%, and 12%...

Q:

Consider a primary mortgage market lender who has just now originated 1,000 30-year, monthly payment loans for $300,000 each at 5.5% interest. The lender wishes to sell the pool of mortgages as...

Q:

When corrmunicaling internal control related mathers noted in a financial statement audit of a nonissuer, an auditor's report issued on significant deficiencies should indicate that: A . Errors or...

Q:

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...