Which of the Following Statements About the Decision-Making Process Is/are

question 106

Multiple Choice

Which of the following statements about the decision-making process is/are true?
i. The first step in the decision-making process is to define or clarify a decision problem into clear terms that can be addressed.
ii. Before alternatives can be identified, the necessary data must first be collected.
iii. After the alternatives are identified, the criterion on which a decision will be made must be specified.

• A) i
• B) ii
• C) iii
• D) All of the given answers

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Definitions:

Relatedness

The feeling or state of being connected or related to others, often considered a fundamental human need.

Autonomy

The capacity to make an informed, uncoerced decision, often relating to personal freedom and self-determination.

Competence

The capacity to perform a task effectively and with skill, typically evaluated against a benchmark.

Financial Gain

The increase in monetary resources or wealth, often as a result of investments, business ventures, or other economic activities.