Question: Rational decision making is a six-step process in which managers define problems, evaluate alternatives, and compute optimal solutions. Imagine that you are deciding whether to
Rational decision making is a six-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 six-step rational decision-making process. Write about one full page SPECIFIC (not generic) to the decision regarding the potential bank location.
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