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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.
Read more: brainly.com/question/16867992
Answer:
Because of its importance in summarizing your strategy, the Introduction and Overview of your business plan should be written last-B.
Answer:
The correct answer is letter "B": his ability to easily adapt and respond to his customer's needs.
Explanation:
Even if he finished his day at work, Ben is showing commitment to his customers by going after work hours to fix the broken sprinkler heads. The fact that he is adapting his job schedule to respond to his customer's needs causes an aggregate value for Ben's business which will likely lead to attract more consumers.
<span>If the Fed expands the money supply by $1
trillion, the money market will be (letter C.) the equilibrium interest rate
will fall, and more money will exchanged in equilibrium. It is because people
will have more money to spend. Some would choose to use this money to buy goods
and services while other opt to put their money in banks which may lead to
lower interest rates to persuade people in borrowing. </span>