Question: please help with this, thank you! Part I -- Revisit the managerial decision-making framework Step 1: Identify the decision problem Step 2: Determine the decision
please help with this, thank you!
Part I -- Revisit the managerial decision-making framework Step 1: Identify the decision problem Step 2: Determine the decision alternatives Step 3: Evaluate the costs and benefits of the alternatives Step 4: Make the decision Step 5: Review the results of the decision Improve future decisions Which step do you think in the most challensiting for manager? What could management do about it? Part - How can datterentiate between a recost and relevant cost Give an emple of each and how managers can optimizareer clear of the cost
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