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When the Prices of Oil Came Down, the Demand for Sport

Question 7

Multiple Choice

When the prices of oil came down, the demand for sport utility vehicles (SUVs) increased. Automakers chose to increase production of full-size SUVs as the profit from large vehicles is greater than that from small vehicles. Which step in the rational decision-making model is illustrated in the scenario?


A) Developing a set of rational alternatives
B) Evaluating the possible alternatives
C) Selecting the best alternative and implementing it
D) Recognizing and defining the decision situation
E) Evaluating decision effectiveness

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