ECONOMICS
DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Step 4
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Step 3
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Step 5
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Step 7
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Detailed explanation-1: -Problem solving is the act of defining a problem; determining the cause of the problem; identifying, prioritizing, and selecting alternatives for a solution; and implementing a solution.
Detailed explanation-2: -Define the problem. Gather information. Generate possible solutions. Evaluate ideas and then choose one. Evaluate. 30-Aug-2012
Detailed explanation-3: -Step 1: Define the Problem. What is the problem? Step 2: Clarify the Problem. Step 3: Define the Goals. Step 4: Identify Root Cause of the Problem. Step 5: Develop Action Plan. Step 6: Execute Action Plan. Step 7: Evaluate the Results. Step 8: Continuously Improve.
Detailed explanation-4: -Step 1: Define The Problem. Step 2: Analyse The Problem. Step 3: Develop Potential Solutions. Step 4: Evaluate The Options. Step 5: Select The Best Option. Step 6: Implement The Solution. Step 7: Measure The Results. More items