Business, 06.09.2019 00:30 vale2652

Xcorp. realizes the market trends are changing and it needs to come up with a new product. managers at x corp. are using the rational decision-making process. what is the next step after identifying the problem?
(a) establishing decision criteria
(b) weighing decision criteria
(c) evalating alternatives
(d) generating alternatives

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Answer from: danielwu462

(A) Establishing decision criteria

Explanation:

Basically, there are six steps of the rational decision-making process which are as follows:

Step 1: Identifying the problem - In the first step, we have to identify the problem so that proper and right decision should be taken

Step 2: Establishing decision criteria - In this step, we have to consider things which is important to make better decisions.

Step 3: Weighing decision criteria - After that weighatge of a decision should be seen. The more weightage decision should be more prior to another

Step 4: Generate alternatives - After that, various alternatives should be taken so that good decision can be made.

Step 5: Evaluate alternatives - Then, evaluating the alternative by seeing their pron and cons

Step 6: Select the best alternative among all. - At last, we have to choose the best alternative so that better and good decisions can be made

Answer from: Quest

Destablishing a distribution network

Answer from: Quest

1 all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

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Xcorp. realizes the market trends are changing and it needs to come up with a new product. managers...

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