Managers That Decide on Whether or Not to Bid on a Project

question 123

Multiple Choice

Managers that decide on whether or not to bid on a project or how much to bid on a project is an example of which step in the five-step decision-making process?

• A)Step 1: Identify the problems with uncertainties.
• B)Step 2: Obtain information.
• C)Step 3: Make predictions about the future.
• D)Step 4: Make decisions by choosing among the alternatives.
• E)Step 5: Implement the decision,evaluate performance,and learn.