ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Using the PACED decision-making model, which alternative will not be a reasonable solution to the problem of where to eat dinner?
A
Bread and Butter
B
Fuji
C
Sonic
D
Shoe Carnival
Explanation: 

Detailed explanation-1: -What is the fourth step in the PACED decision-making model? Evaluate the Alternatives.

Detailed explanation-2: -The 5-step paced decision making model is a tool that can help managers make fast, effective decisions. The model consists of five steps: problem, alternatives, criteria, evaluation, and decision.

Detailed explanation-3: -Their assigned goal is go through the PACED steps-1) Define the Problem, 2) List Alternatives, 3) Determine Criteria, 4) Evaluate Alternatives, and 5) Make a Decision.

There is 1 question to complete.