ECONOMICS

Detailed explanation-1: -According to the decision-making process, the first step Sondra should take is to . A) analyze alternative solutions B) identify decision criteria C) evaluate her decision’s effectiveness D) identify the problem Answer: D Explanation: The first step in any problem-solving situation is to identify the problem.

Detailed explanation-2: -Participative (or participatory) management, otherwise known as employee involvement or participative decision making, encourages the involvement of stakeholders at all levels of an organization in the analysis of problems, development of strategies, and implementation of solutions.

Detailed explanation-3: -Try to clearly define the nature of the decision you must make. This first step is very important. Collect some pertinent information before you make your decision: what information is needed, the best sources of information, and how to get it.

Detailed explanation-4: -Make evidence-based decisions There are simple steps you can take to incorporate evidence into your decision making. Use performance data to support your decisions. Get the most current and complete data possible. Challenge your gut feelings.