Explain steps involved in decision making, Other Management

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Question 1:

(a) Decision making is the essence of management, and every decision starts with a problem.

(i) What is a decision?
(ii) What is a problem?

(b) Decision making is not as simple as just choosing among alternatives. It involves eight steps in the process.

(i) Make a list of the eight steps involved in decision making.

(ii) Describe how you would go through each step in the process. Use an example to illustrate your answer.

Question 2:

(a) Define planning.

(b) Explain the following terms:

(i). Strategic plans,
(ii). Operational plans,
(iii). Long term plans,
(iv). Short-term plans, and
(v). Specific plans.

(i) What are those reasons?
(ii) Elaborate on each of the reasons.

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