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Stephen, a production manager, was engaged in the development of a core component of a machine. He realized that the component would not be ready for QC testing as per the fixed deadline and suggested allotting two more weeks for its complete development or sending only a part of it for testing in the first cycle. Which decision-making step does this represent?
Specific Results
Outcome or achievements that are clearly defined and quantifiable.
Policies
Formal guidelines or rules established by organizations to govern their operations and decision-making processes.
Planning Function
A fundamental management activity that involves setting objectives and determining appropriate strategies and actions to achieve them.
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