Refer to the Scenario Below to Answer the Following Questions

question 42

Multiple Choice

Refer to the scenario below to answer the following questions.
The Loaned Car (Scenario)
Colleen is a student, and her older brother has loaned her an old car. The car is in need of several repairs before she will feel comfortable driving it.
-Before talking with an automotive repair person, Colleen needs to assess which factors are relevant to her decision. The car needs new brakes, tires, a muffler, a tune-up, and could also use some bodywork to repair dents and scratches. After consideration, Colleen decides that safety and reliability are relevant. This is which step in the decision-making process?

• A) weigh the decision criteria
• B) analyze alternatives
• C) identify decision criteria
• D) develop alternatives
• E) select an alternative

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Definitions:

Offer Open

A proposal made in business or negotiations that remains valid for acceptance until a specified date or until withdrawn by the proposer.

Sailboat Sale

The transaction process involved in transferring ownership of a sailboat from one party to another.

Counteroffer

A response to an offer in which the original terms are rejected and new terms are proposed, forming part of the negotiation process.

Counteroffer

A proposal made in response to an initial offer, effectively rejecting the original offer and suggesting new terms for an agreement.