Asked by Aleksandr Larion on Sep 26, 2024
____ is the first step in the general decision-making model.
A) Forecasting
B) Evaluating alternatives
C) Making a decision
D) Conducting a stakeholder audit
E) Scanning the situation
Scanning the Situation
The process of carefully examining and assessing the current state or conditions of an environment or situation to identify key elements and challenges.
Forecasting
Forecasting involves making predictions about future events or trends based on current and historical data analysis.
Stakeholder Audit
An evaluation process that identifies and assesses the interests and influences of individuals or groups that have a stake in the outcomes of a project or company.
- Recognize the circumstances that determine the approaches to decision-making and the essential need for data analysis.
Learning Objectives
- Recognize the circumstances that determine the approaches to decision-making and the essential need for data analysis.