ECONOMICS

Detailed explanation-1: -Diagnosis: the step in the decision making process in which managers analyzeunderlying causal factors associated with the decision situation. 3.Development or Alternativesa. Generate possible alternative solutions that will respond to the needs of thesituation and correct the underlying causes.

Detailed explanation-2: -Diagnosis is the step in the decision-making process in which managers analyze underlying causal factors associated with the decision situation.

Detailed explanation-3: -The decision-making process includes the following steps: define, identify, assess, consider, implement, and evaluate. Today we’re going to think together a little bit about the decision-making process. Usually, most people don’t break down how they make decisions, they just decide.

Detailed explanation-4: -The four steps to decision making Establish decision-this is by far one of the most valuable tools used in decision making, it allows you to pick and choose between wants vs. needs. Evaluate and prioritize the importance of each decision. Evaluate-how will your choice come in effect with your life?