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The option that can financial aid eligibility if money is withdrawn from it is C. A 529 plan.
<h3>What is a financial aid?</h3>
It should be noted that a financial aid simply means an aid that's given to people especially students to cater for their fees.
In this case, the option that can financial aid eligibility if money is withdrawn from it is a 529 plan. It enables one to save money.
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Answer:
the correct answer is a) Fast
Explanation:
can you guess to reason behind it? it's simple. mainly because people value their money are mostly risk aversive. this means they tend not to take risks and avoid them.
although an opportunity to make more money, more profits, more publicity seems lucrative at first, all of these premium opportunities carries an unavoidable risk with them and there is a chance that the opportunity might not turn out to be as we expect it.
so it is because of this it is difficult to raise funds fast!
d: analyze business transactions
before you can start your process cycle you need to analyze what you have.