Which of the following is NOT one of the steps involved in decision making process?
Show Answer (Detailed Solution Below)Option 2 : change the desired outcome Free General Principles of Business Management - 1 15 Questions 15 Marks 15 Mins Decision making is the process of choosing among various courses of action or alternatives. In other words, it is a kind of problem-solving in which we are presented with several alternatives, among which we must choose. The six-step decision-making process is a rational decision-making process. It is based upon thinking about, comparing and evaluating various alternatives. The steps are as follows:
Hence, we conclude that changing the desired outcome is NOT one of the steps involved in the decision-making process. Latest AAI JE Airport Operations Updates Last updated on Dec 2, 2022 The Airport Authority Of India is going to release the official notification for the post of AAI JE Airport Operations Recruitment 2022. The selection process consists of a Written Test (Online) followed by Document Verification, Physical Test, and Voice Test. This is a very good opportunity for candidates who want to be a part of the Indan Aviation Sector. The vacancy is expected to be somewhere around 100. The candidates can have a look at the AAI JE Airport Operations Eligibility Criteria set by the AAI to have a better understanding of the exam. 17.Whichofthefollowingisnotconsideredastepinthedecision-makingprocess?a.Clearlyidentifytheproblem.c.Developobjectives.d.Evaluatealternatives.b.Selectthebestalternative.e.Minimizecostswheneverpossible.e(Thedecisionprocessinoperations,moderate) 18.Thefirststep,andakeyelement,inthedecision-makingprocessisto 19.Intermsofdecisiontheory,anoccurrenceorsituationoverwhichthedecisionmakerhasnocontroliscalleda(n) 20.Atabularpresentationthatshowstheoutcomeforeachdecisionalternativeunderthevariouspossiblestatesofnatureiscalleda(n) 21.Thedecisioncriterionthatwouldbeusedbyanoptimisticdecisionmakersolvingaproblemunderconditionsofuncertaintywouldbethea.expectedmonetaryvaluecriterionb.equallylikelycriterionc.maximaxcriteriond.maximincriterione.minimincriterionc(Typesofdecision-makingenvironments,moderate) 22.Adecisionmakerwhousesthemaximincriterionwhensolvingaproblemunderconditionsofuncertaintyis 23.Expectedmonetaryvalueismostappropriateforproblemsolvingthattakesplace 24.Theexpectedvaluewithperfectinformation Which of the following is not considered a step in decisionHence, we conclude that changing the desired outcome is NOT one of the steps involved in the decision-making process.
What are the 5 steps in the decisionStep 1: Identify the decision. You realize that you need to make a decision. ... . Step 2: Gather relevant information. ... . Step 3: Identify the alternatives. ... . Step 4: Weigh the evidence. ... . Step 5: Choose among alternatives. ... . Step 6: Take action. ... . Step 7: Review your decision & its consequences.. What are the 4 decisionOnce you have a general idea of how you make decisions, follow these four steps to make the most effective decision possible:. Define the problem or need: ... . Analyze the issue at hand: ... . Implement and communicate: ... . Learn from the process and the outcome:. Which of the following is a step in the decisionThe first step in the decision making process is Identifying a problem which means examine the problem more closely and understand the cause of a problem. Was this answer helpful?
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Which of the following is not considered a step in the decision making process?
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