Which Step in the Decision-Making Process Involves Conveying the Decision

question 107

Multiple Choice

Which step in the decision-making process involves conveying the decision to those affected by it and getting their commitment to it?

• A)allocate weights to criteria
• B)analyze alternatives
• C)select an alternative
• D)implement the alternative
• E)evaluate decision effectiveness

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Definitions:

Spot Market

A public financial market in which commodities, currencies, or securities are bought and sold for immediate delivery.

Donkey Rental

A service sector business involving the temporary leasing of donkeys, often for transport or tourist purposes.

Industrial Sales

Transactions involving goods or services sold from one business to another for operational or production purposes, typically in large quantities.

Production Capacity

The maximum output rate that a facility can achieve under normal operating conditions.