Markus Braun's first step in making a rational decision is <em>a. Define the problem.</em>
The definition of the problem of where to open businesses will enable Markus to:
- Establish critical decision criteria that will be used to adjudge the different choices.
- Ascertain and evaluate the optimal locations that will meet his investment requirements.
Six decision-making processes identified for achieving satisfactory outcomes include:
- Step 1 is the Identification of the Problem
- Step 2 is the Establishment of the Decision Criteria
- Step 3 is the Weighing of the Decision Criteria
- Step 4 is the Generation or Identification of Alternatives
- Step 5 is the Evaluation of Alternatives
- Step 6 is the Selection of the Best Alternative
Thus, wherever these processes are followed, the probability of achieving favorable outcomes become higher.
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The correct answer should be start earning sooner because it enables you to join the work force sooner since achieving a technical certification lasts shorter.
Answer:
The correct answer is: 4) Strategic alliance.
Explanation:
The strategic alliance occurs when two more companies establish a formal relationship with the objective of achieving competitive and economic advantages, but which still remains as independent companies.
The concept arose from the transformation of the current economic scenario, where globalization and new technologies requires improvement of innovation and organizational processes for success and survival in the market.
In a strategic capacity, intangible and tangible resources are shared, such as executive knowledge, distribution channels, financing, productive capacity and others
More than 95% of customers in the US wireless mobile phone market are served by AT&T, Verizon, and T-Mobile. This market is characterized by oligopolistic rivalry.
How large is the market for cell phones?
In 2021, the market for smartphones was estimated to be worth USD 457.18 billion. A 7.3% CAGR is predicted for the market throughout the forecast period as it increases from USD 484.81 billion in 2022 to USD 792.51 billion in 2029.
The market for smartphones is it expanding?
Since 2008, the smartphone market has been continuously expanding and increasing in size as well as in terms of the variety of models and providers. In 2022, it is anticipated that there will be 1.43 billion smartphones shipped globally. 78.05% of people on the planet will have smartphones by the year 2020.
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