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Exercise 13-22Model for Making Tactical Decisions

The model for making tactical decisions described in the text has six steps. These steps are listed, out of order, below.

Required:

Put the steps in the correct order, starting with the step that should be taken first.

• 1.Select the alternative with the greatest overall benefit.
• 2.Identify the costs and benefits associated with each feasible alternative.
• 3.Assess qualitative factors.
• 4.Recognize and define the problem.
• 5.Identify alternatives as possible solutions to the problem.
• 6.Total the relevant costs and benefits for each alternative.