Question: The Six basic steps in decision making: 1-Define the Problem 2- Determine the Objective 3- Explore the Alternatives 4- Predict the Consequences 5- Make a

The Six basic steps in decision making:

1-Define the Problem

2- Determine the Objective

3- Explore the Alternatives

4- Predict the Consequences

5- Make a Choice

6- Perform Sensitivity Analysis

Write 300 to 400 words on “Determine the Objective.” Describe your own motives and what your short or long-term plans are (please explain short-term and long-term plans separately) after completing your MBA?

Knowing you “can’t always get what you want” what can you get? What can you change?

Explain how you have to make these decisions under uncertainty. Cite the textbook at least twice applying concepts from the text.

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Determine the Objective Decision making is crucial for running a Business Enterprise Decisionmaking refers to choosing from alternative courses of action or alternative ways of doing things The first ... View full answer

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