A Manager Is Determining What Kind of New Computers She

question 139

Multiple Choice

A manager is determining what kind of new computers she should purchase for her department.She has made a list of five different computer models for consideration.Which stage of the decision-making process is this?

• A)selection of an alternative
• B)identification of decision criteria
• C)development of alternatives
• D)analysis of alternatives

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Definitions:

Complementary Goods

Products or services that are consumed together because the use of one enhances the use or value of the other.

Income Elasticity

A measure of how much the demand for a good or service changes in response to a change in consumers' income.

Cross Elasticity of Demand

A measure of how the quantity demanded of one good responds to a change in price of another good, indicating substitutes or complements.

Digital Cameras

Electronic devices that capture and store photographs in digital format, allowing for immediate viewing, digital storage, and manipulation.