Which of the Following Is the First Step in the Decision-Making

question 31

Multiple Choice

Which of the following is the first step in the decision-making process?

• A) Evaluate the cost and revenue data
• B) Identify workable alternatives
• C) Define the problem
• D) Consider appropriate nonfinancial factors

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Definitions:

Employee Needs

The requirements or factors that employees expect to fulfill through their work, including both physical needs and psychological needs such as recognition and belonging.

Organization Needs

The essential requirements or demands that an organization must meet to achieve its goals, including resources, talent, and infrastructure.

Employee Attitudes

The feelings and beliefs that employees have about their work, workplace, and employers, influencing their behavior and job performance.

Flexibility

The ability of an organization or employee to adapt to changes or accommodate various demands, often in scheduling, working hours, or job duties.