PLEASE READ EVERYTHING BEFORE ANSWERING (I NEED 2 PAGES WORTH OF INFORMATION) (I NEED 2 PAGES WORTH OF INFORMATION) (I NEED 2 PAGES WORTH OF INFORMATION) (I NEED 2 PAGES WORTH OF INFORMATION) (I NEED 2 PAGES WORTH OF INFORMATION) Rational decision making is a seven-step process in which managers define problems, evaluate alternatives, and compute optimal solutions. Imagine that you are deciding whether to open a new branch for Chase Bank in a US town where Chase does not currently have a location. Describe how you would address this decision using the seven-step rational decision-making process. Be SPECIFIC (not generic) to the decision regarding the potential bank location. seven steps of the process: define the problem identify decision criteria weigh the criteria generate alternative courses of action evaluate each alternative compute the optimal decision limits to rational decision-making