Please explain the stepsstep 1 identification of a problem, Ask an Expert

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Please explain the steps

Step 1: Identification of a problem and the desired outcome wished to be achieved

Step2: Identify the decision criteria by determining what factors are relevant in making decision

Step3: Rank criterias as per their priorities

Step 4: Potential solutions are developed

Step 5: Critcal evaluation of each solution and their impact is made

Step 6: The best solution which is the most optimal one is chosen.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92075021

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