Which Is the First Step in the Management Decision-Making Process

question 108

Multiple Choice

Which is the first step in the management decision-making process?

• A) Determine and evaluate possible courses of action.
• B) Review results of the decision.
• C) Identify the problem and assign responsibility.
• D) Make a decision.

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Definitions:

Ethical Beliefs

The moral convictions or principles that guide an individual's or community's behavior and decision-making.

Utilitarianism

A philosophical concept that holds the best action is the one that maximizes utility, generally defined as that which produces the greatest well-being of the greatest number of people.

Deontology

An ethical theory that suggests actions are morally right because of their characteristics, not just their outcomes, emphasizing duties and rules.

Decision Making

The process of making choices or reaching conclusions, especially when preferences are considered among a range of potential options.