Step 1 in the Managerial Decision-Making Process Is Recognition of Decision

question 49

True/False

Step 1 in the managerial decision-making process is recognition of decision requirement.

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Definitions:

Troubleshooting

The process of analyzing and resolving problems or issues, particularly in technology or mechanical contexts.

Assigned Leader

A person designated to lead based on position or assignment within an organization, rather than emergent leadership qualities.

Intrinsic Leader

A leader who is motivated by internal rewards and satisfactions rather than external ones, focusing on personal growth, autonomy, and a sense of achievement.

Emergent Leader

An individual who naturally becomes a leader in a group due to their actions, decisions, and influence on others, rather than being formally appointed.