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3 years ago

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:

<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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How do I pay for my classes

poizon [28]

Answer:

Get a job, spend less money and only get things you need. Or you can file for government assistance.

Explanation:

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3 years ago

Franchisers are permitted to recognize the revenue from the sale of a franchise whenever they wish under accrual-basis accountin

arlik [135]

Franchisers are permitted to recognize the revenue from the sale of a franchise whenever they wish under accrual-basis accounting- False.

A franchise refers to a category of retail business in which a license is bestowed to an individual or group to access and market a company's commodities or services in a particular territory. The franchisee is provided with access to the franchisor's proprietary business knowledge, products, procedures, trademarks, and branding in exchange for a franchise fee. An initial start-up fee and an annual licensing fee are paid.

Most lucidly, A franchise can be defined as a joint venture between a franchisor and a franchisee. To note, the franchisor is the original business. The franchise is on the other hand, the purchaser of the rights of the franchisor. Franchises in today's times represent a popular way for entrepreneurs to start a business.

Learn more about the franchise: brainly.com/question/16117684

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2 years ago

The fundamental purposes of communication are to provide information and instructions, to influence others, and to ________ acti

SSSSS [86.1K]

You don't communicate to convey activities, or to integrate activities. We can, therefore, eliminate answers "a," "b," and "e."

So is our purpose to discuss or organize an activity? Either answer fits. We discuss activities to gather the opinions of others regarding said activities. But discussing is, itself, a form of communicating, it is not an outcome. The other points listed are outcomes "we provide... influence... [through communication]." Therefore, the answer must be "c. organize".

3 0

3 years ago

Harris Company had checks outstanding totaling $15,400 on its May bank reconciliation. In June, Harris Company issued checks tot

Stels [109]

Answer:

The amount of outstanding checks on Harris Company's June bank reconciliation should be $42700.

Explanation:

Outstanding amount of checks issued = Checks outstanding in beginning of June + Checks issued during the month of June - Checks cleared in June

= $15400 + $64900 - $37600

= $42700

Therefore, The amount of outstanding checks on Harris Company's June bank reconciliation should be $42700.

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3 years ago

The management of Axil Inc., an investment firm, believes in providing the best facilities to its employees. It decides to provi

WITCHER [35]

Answer:

Free choice

Explanation:

There are three domains of human action that is codified law, domain of ethics and domain of free choice. Under the domain of free choice, people enjoy complete freedom and are not governed by written down regulations or rules. People are governed by their own personal standards under the domain of free choice.

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4 years ago