With reference to the steps of decision-making process, which of the following is the last step in the managerial decision-making process?
A) Generate alternatives
B) Learn from feedback
C) Recognize the need for a decision
D) Implement the chosen alternative

Question

Quizplus · Accepted Answer

The final step in the decision-making process is learning from feedback. Managers who always strive to learn from past mistakes and successes are likely to continuously improve the decisions they make. A significant amount of learning can take place when the outcomes of decisions are evaluated, and this assessment can produce enormous benefits.

With Reference to the Steps of Decision-Making Process, Which of the Following