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yawa3891 [41]
3 years ago
12

What is the first step in the management decision making process

Business
1 answer:
Cloud [144]3 years ago
6 0

Decisions aren't always easy to make it! But The first step in your management decision is:

  1. <u>Identify the decision</u>: The first step of making a decision is Identify the decision because you should define the nature of the decision/you must have clearly in your mind what's it, for after that, follow to the next steps of your management process.

After that, you can follow through to the next steps of a management decision:

Gather relevant information / Identify the alternatives / Weight the evidence / Choose among alternatives / Take actions / Review your decisions and its consequences.

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Your bagel company has a market share of 7% of area breakfast sales and you have a goal to increase that to 10% in 1 year. The m
Nana76 [90]

Answer:

$105,000

Explanation:

The total sales are 3,500,000, and the current market share is 7%.

3,500,000 * 0.07 = $245,000

The goal is to increase the market share to 10%

3,500,000* 0.10 = $350,000

The difference between original sales and the target sale is

245,000 – 350,000 = $105,000

An increase of $105,000 is required to achieve a market share of 10%

7 0
3 years ago
Sarah and stephanie are determined to make their business plan look as professional as possible. in order to make sure it's orga
Simora [160]
The use of technological advances can be a great help to Sarah and Stephanie in making their business as orderly and as organised as possible. Therefore, they must invest in a software program that could do the job for them. This could significantly lessen their work on managing their business.
6 0
3 years ago
Which of the following are good choices for your appearance in an interview?
nexus9112 [7]

-dress nicely

-be prepared

-empathize

Where are your options? Anyway, I hope this helps!!! :)

4 0
3 years ago
Read 2 more answers
Employees in the defense industry have greater job security and higher pay when the country is engaged in major military conflic
kiruha [24]

Answer: C the fallacy of composition.

Explanation:

The Fallacy of Composition is meant to explain the false logic that people apply when they believe that because something is true of a subsection of something, then that thing must be true for the whole thing.

For instance, my phone's batter is made of lithium so my entire phone must be made of lithium.

In this scenario, the logic is that it is good to be involved in military conflict because it favors the nation if it favors a subset (employees in defense) which is flawed because other industries might suffer. This however, represents the fallacy of composition.

7 0
3 years ago
The ______________card can be used anywhere.
Assoli18 [71]

Answer:

Multi-purpose credit is the answer

Explanation:

8 0
3 years ago
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