ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The last step in your decision making process should be
A
decide!
B
weight the consequences
C
list your options
D
evaluate your decision
Explanation: 

Detailed explanation-1: -In this final step, consider the results of your decision and evaluate whether or not it has resolved the need you identified in Step 1. If the decision has not met the identified need, you may want to repeat certain steps of the process to make a new decision.

Detailed explanation-2: -The decision-making process allows for the exploration of all alternatives in order to solve a problem, and it ensures that the best solution is found. The decision-making process includes the following steps: define, identify, assess, consider, implement, and evaluate.

Detailed explanation-3: -The correct answer is evaluating the decision’s effectiveness. The last step in the process of decision-making is Evaluating or Monitoring the decision’s effectiveness.

Detailed explanation-4: -Step 5: Evaluate Your Decision. Once you have made your final decision and put it into action, it is necessary to evaluate the decision and the steps you have taken to ensure that it works.

Detailed explanation-5: -Answer: The adaption stage is the final step in this procedure. The clinician will now try to modify the choice or resolution of the ethical conundrum by either improving it or by going back to the evaluation and selection steps to locate and select a better option.

There is 1 question to complete.