ECONOMICS
DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a strategy for responsible decision making?
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Listing alternative decisions
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Procrastination
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Impulse decisions
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Doing it on your own
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Explanation:
Detailed explanation-1: -The correct option is B) Delphi technique Delphi method is the method of forecasting with the help of a questionnaire.
Detailed explanation-2: -Hence, we conclude that changing the desired outcome is NOT one of the steps involved in the decision-making process.
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: -Selection of the best alternative in the decision-making process depends on which of the following? Supervisors ingenuity in developing alternatives.
There is 1 question to complete.