Asked by rufyjane stephen manuere on Jul 05, 2024
Verified
____ is involved in the first step of managerial problem solving.
A) Escalation of commitment
B) Pinpointing the cause of the problem
C) Finding the best cost-benefit relationship
D) Identifying the problem
E) Selecting a solution
Managerial Problem Solving
The process by which managers identify, analyze, and resolve problems that are impeding organizational performance.
Escalation Of Commitment
The phenomenon where people continue to invest time, money, or effort into a failing project due to their prior commitments rather than cut their losses.
Identifying The Problem
The initial step in the problem-solving process which involves recognizing and defining the issue that needs to be addressed.
- Distinguish the steps necessary for problem resolution.
Verified Answer
TJ
Tajrin JahanJul 10, 2024
Final Answer :
D
Explanation :
Identifying the problem is the first step of managerial problem solving. Without identifying the problem, it is impossible to move on to the next steps of the problem-solving process.
Learning Objectives
- Distinguish the steps necessary for problem resolution.