1. A Decision-making Model includes: a. Recognizing the problem and identifying

Question

1. A Decision-making Model includes: a. Recognizing the problem and identifying alternatives as possible solutions to the problem. b. Identifying and estimating the relevant costs and benefits for each feasible alternative c. Making the decision by selecting the alternative with the greatest overall net benefit. d. All of these choice s are correct. 2. Which of the following should be kept in mind while analyzing a Make or Buy decision? a. Ensure that quality is not at risk. b. Use differential analysis. c. Ensure prompt delivery. d. All of these choices are correct.

Explanation / Answer

1).A decision making model include recognising the problam and identifying alternative as possible solution to the problam , identifying and estimating the relevant cost and benefits for each feasible alternative and making the decision by selecting the alternative with greatest overall net benefits. So all options are correct.

Option D is correct . All of these choices are correct

2).we should kept in mind while analyzing a make or buy decision is to ensure that quality is not at risk , use differential analysis and ensure prompt delivery . So all the options are correct .

Option D is correct option which is all of these choices are correct.

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