Question: Suppose that Markus Braun was trying to decide where he should open businesses next. He wants to make a rational decision. What should be his
Suppose that Markus Braun was trying to decide where he should open businesses next. He wants to make a rational decision. What should be his first step in making that decision?
Generate alternative courses of action.
Define the problem.
Identify criteria for judging the decision.
Compute the optimal decision.
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