Which of the Following Stages of the Management Decision-Making Process $\rightarrow$

question 212

Multiple Choice

Which of the following stages of the management decision-making process is improperly sequenced?

• A) Evaluate possible courses of action \(\rightarrow\) Make decision.
• B) Assign responsibility for the decision \(\rightarrow\)Identify the problem.
• C) Identify the problem \(\rightarrow\)Determine possible courses of action.
• D) Assign responsibility for decision \(\rightarrow\) Determine possible courses of action.

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Definitions:

Managerial Information

Data and analysis provided to managers to assist in decision-making and strategic planning for a business.

Stock Performance

The measure of how the stock of a particular company has done over a certain period of time, often evaluated through price changes and dividend payments.

Managerial Accounting Reports

Internal financial reports tailored to the needs of an organization's management, containing operational and financial data to aid in decision-making.

Usefulness

The degree to which something fulfills a need, serves a purpose, or provides benefits to users.