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28 February, 09:35

X Corp. realizes the market trends are changing and it needs to come up with a new product. Managers at X Corp. are using the rational decision-making process. What is the next step after identifying the problem?

(A) Establishing decision criteria

(B) Weighing decision criteria

(C) Evalating alternatives

(D) Generating alternatives

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  1. 28 February, 09:48
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    (A) Establishing decision criteria

    Explanation:

    Basically, there are six steps of the rational decision-making process which are as follows:

    Step 1: Identifying the problem - In the first step, we have to identify the problem so that proper and right decision should be taken

    Step 2: Establishing decision criteria - In this step, we have to consider things which is important to make better decisions.

    Step 3: Weighing decision criteria - After that weighatge of a decision should be seen. The more weightage decision should be more prior to another

    Step 4: Generate alternatives - After that, various alternatives should be taken so that good decision can be made.

    Step 5: Evaluate alternatives - Then, evaluating the alternative by seeing their pron and cons

    Step 6: Select the best alternative among all. - At last, we have to choose the best alternative so that better and good decisions can be made
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