M$7-2($Static$)$ Identifying Steps in the Decision$-$Making Process $[$LO $7-1]$

Required:

Listed below are a number of activities managers may perform. Identify which of these activities are steps in management's decisionmaking process.

$\backslash$table$[[1.$ Analyze how changes in cost structure affect cost$-$volume$-$profit relationships.$],[2.$ Make the decision$],[3.$ Eliminate the product line$],[4.$ Evaluate the costs and benefits of the alternatives$],[5.$ Prioritize products to maximize short$-$term profits$],[6.$ Determine the decision alternatives$],[7.$ Process the product further$],[8.$ Review the results of the decision$],[9.$ Use cost$-$volume$-$profit analysis to determine sales needed to break even.$],[10.$ Identify the decision problem$]]$