In Which Step of the Decision Process Do Managers Compare

Multiple Choice

In which step of the decision process do managers compare predicted costs to determine the accuracy of predictions?

A) Step 1: Identify the Problem and Uncertainties.
B) Step 2: Obtain Information.
C) Step 3: Make Predictions about the Future.
D) Step 4: Make Decisions by Choosing among the Alternatives.
E) Step 5: Implement the Decision,Evaluate Performance,and Learn.