Question: The first step in the decision - making process is to _ _ _ _ _ _ _ _ . identify an existing problem identify

The first step in the decision-making process is to ________.
identify an existing problem
identify possible alternatives for solving an organizational problem
implement the selected alternative
identify organizational objectives
gather feedback about an existing problem

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

The first step in the decision making process is to identify the problem. True or False

Q:

The first step in the decision making process is to identify the problem. Group of answer choices True False

Q:

1)Utilitarianism applies the hedonistic calculus in order to calculate ________. * The amount of pleasure and pain The industrial value of the acts The quality of the morals of the acts The...

Q:

1) Illegitimate methods of acquiring trade secret from a competitor include ________. * Use ones position in an abusive way Competitor intelligence gathering Independent discovery Reverse engineering...

Q:

1)Utilitarianism applies the hedonistic calculus in order to calculate ________. * The amount of pleasure and pain The industrial value of the acts The quality of the morals of the acts The...

Q:

QUESTION 1 Kathy, your best friend and class mate, asks you to help her with a challenging ethical predicament. Which of the following would be your first step in the decision making process?...

Q:

The first step in the decision making/problem-solving process is to identify the problem. (We cannot solve a problem unless we know what the problem is!) The second step involves consideration of all...

Q:

The Rational Decision Making Process Step 1: Identify the Problem. Step 2: Establish Decision Criteria. Step 3: Weigh Decision Criteria. ... Step 4: Generate Alternatives. Step 5: Evaluate...

Q:

21. is financing obtained from investment firms that specialize in financing small, high-growth companies and receive an ownership interest and a voice in management in return for their money. A....

Q:

The Rational Decision Making Process Step 1: Identify the Problem. Step 2: Establish Decision Criteria. Step 3: Weigh Decision Criteria. ... Step 4: Generate Alternatives. Step 5: Evaluate...

Q:

DistaBricks manufactures custom brick and applies job-order costing. The following information relates to the fiscal year ending December 31, 2017. Beginning balance in Raw Materials Inventory $...

Q:

How should Mr. Kitchen approach the current situation? What are the strengths and weaknesses of Trip 7?

Q:

Johnson Corporation s inventory purchases budget for the first quarter of the year is presented below. All purchases are made on credit. 3 5 % of purchases are paid in the month of the purchase and...

Q:

Free cash flow valuation You are evaluating the potential purchase of a small business with no debt or preferred stock that is currently generating $ 4 2 , 7 0 0 of free cash flow ( F C F 0 = $ 4 2 ,...