“Empowered Decision Making”
a) See Exhibit 4-2 illustrating the decision-making process. (PPT 4-6) WHAT DEFINES A DECISION PROBLEM? (PPT 4-4) Introduction. The decision-making process begins with the identification of a problem (Step 1), a discrepancy between an existing and a desired state of affairs. Car buying example. Problem identification is subjective. ................
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