Which of the following steps in the managerial decision-making process involves differential analysis?
A)Identify the decision problem.
B)Determine the decision alternatives.
C)Evaluate the costs and benefits of the alternatives.
D)Make the decision.

Question

Quizplus · Accepted Answer

Differential analysis involves evaluating the costs and benefits of each decision alternative. The other steps in the decision-making process include identifying the decision problem, determining the decision alternatives, and making the decision.

Which of the Following Steps in the Managerial Decision-Making Process