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RSB [31]
3 years ago
15

Tom is faced with a situation in which he must make a decision. Which of the following best describes the order of the steps of

the decision making process. Tom should use to come to a decision?
A. Identify the outcomes, identify the courses of action, determine the pay-off function and then choose from the alternatives.
B. Identify the course of action, determine the pay-off function, identify the outcomes and then choose from the alternatives.
C. Determine the pay-off function, identify the course of action, identify the outcomes and then choose from the alternatives.
D. None of the above.
Business
1 answer:
VikaD [51]3 years ago
6 0

Answer:

B is the correct option

Explanation:

First tom must identify the course of action of the decision, determine the pay-off function. then, identify the outcomes and then choose from the alternatives.

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