Question

The first step in decision making is ______.

• A. defining the problem
• B. analysing the problem
• C. evaluating the alternatives
• D. selection of best solution

Answer 1

The correct option is A defining the problem

The first step in decision making is to visualise the problem clearly. It is said that a well defined problem is half solved. The problem may be financial, technical or related to marketing. These problems generally arise due to shortage, depression, government regulations, competition, changing patterns of consumption etc.