Outline the steps in the rational decision-making process.

Prepare for the ASU MGT300 Exam 2 on Management and Leadership. Practice with flashcards and multiple-choice questions, each with hints and explanations. Get exam ready!

The rational decision-making process is a structured and systematic approach that helps individuals and organizations make well-informed decisions. The correct outline includes defining the problem, identifying decision criteria, weighing those criteria, generating alternatives, evaluating the alternatives, and finally selecting the best option.

Starting with defining the problem allows decision-makers to clearly understand the issue at hand and provides a foundation for the entire process. Identifying criteria is crucial as it sets the standards that will guide the decision-making. Weighing these criteria helps prioritize their importance, ensuring that the most significant factors are given proper consideration in the decision process.

Generating alternatives is key in exploring various options available to address the problem. Evaluating those alternatives involves assessing each option against the identified criteria, considering the pros and cons of each. Finally, selecting the best alternative culminates the process, ensuring the choice is well-informed and aligned with the goal of resolving the initial problem.

The other answer choices do not encompass the full rational decision-making process. For instance, some may lack steps such as weighing criteria or evaluating multiple options, which are critical for making an informed and effective decision. Moreover, relying on randomness or evaluating only a single option disregards the systematic nature that the rational process mandates, ultimately undermining the quality of

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