Busıness Decısıon Models Deneme Sınavı Sorusu #1404276

What is the second step in the decision-making process?


Defining the problem

Establishing objectives

Listing all possible decision alternatives

Identifying the possible outcomes for each decision alternative

Identifying the pay-off matrix for each combination of alternatives


Yanıt Açıklaması:

Once the decision problem has been identified, in the second step the objective of the problem must be clearly stated. Therefore, "Establishing objectives" is the second step.

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