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Assume you wish to start a business to capture the SAUT community and the surrounding community, mentioning the type of business you can start and the location of your business, use the steps of quantitative methods for decision making narrating them one by one in the application of your business.

The steps are:

1. Identify and define the problem

2. Determine set of alternative solutions

3. Determine the criterion or criteria that will be used to evaluate the alternatives

4. Evaluate the alternatives

5. Select the alternatives

6. Implement the selected alternative

7. Evaluate the results to determine whether the satisfactory solution has been obtained

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M91290

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