Selecting one from several alternatives is called ________.planningforecastingdecision makingcontrolling (2024)

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Selecting one from several alternatives is called ________.planningforecastingdecision makingcontrolling? ›

Decision-making is a process of selecting the best among the different alternatives. It is the act of making a choice. There are so many alternatives found in the organization and departments. Decision-making is defined as the selection of choice of one best alternative.

Decision-making is a process of selecting the best among the different alternatives. It is the act of making a choice. There are so many alternatives found in the organization and departments. Decision-making is defined as the selection of choice of one best alternative.

Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives.

These are the possible solutions or courses of action that you can choose from. Depending on your decision problem, you may have a few or many alternatives. You can use brainstorming, research, or other methods to generate and list your alternatives.

The step in the decision-making process that involves choosing the best alternative is termed implementation.

In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options.

Decision Making is the act of choosing one alternative from among a set of alternatives. We have to first decide that a decision has to be made and then secondly identify a set of feasible alternatives before we select one.

Selecting an alternative means choosing the best course of action. The ideal plan should be the most feasible, profitable and with least negative consequences.

Alternatives should be evaluated using a consistent process. After you have evaluated each alternative, select the alternative that comes closest to solving the problem with the most advantages and fewest disadvantages.

Definition. Choice alternatives are the different behaviors considered by consumers in decision making; they are usually the products or brands considered for purchase.[1]

What is selection of best alternative in planning process? ›

6] Selecting the Alternative

Finally, we reach the decision making stage of the planning process. Now the best and most feasible plan will be chosen to be implemented. The ideal plan is the most profitable one with the least amount of negative consequences and is also adaptable to dynamic situations.

Question: When a decision is made among a number of alternatives, the benefit that is lost by choosing one alternative over another is the realized cost opportunity cost.

Evaluate and select an alternative

A particular alternative will solve the problem without causing other unanticipated problems. All the individuals involved will accept the alternative. Implementation of the alternative is likely. The alternative fits within the organizational constraints.

Selecting one from the various alternatives is called decision making. When trying to make a good decision, a person must weigh the positives and negatives of each option, and consider all the best possible alternative.

Decision making is the process of making a choice from multiple alternatives, which involves evaluating different options and considering the impact of each choice.

What are the 4 decision-making styles? The four decision-making styles are analytical decision-making, directive decision-making, behavioral decision-making, and conceptual decision-making. The decision-maker should choose the most appropriate style for the choice at hand.

“Decision Between Multiple Alternatives” is an available process type that can be used in building Process Chains (RSPC) in SAP, generally used in BW, but also available in ECC.

Choice. selecting an item or action from a set of possible alternatives.

A decision is a choice made between two or more available alternatives. Decision making is the process of choosing the best alternative for reaching objectives. (Samuel C. Certo, 2003) Decision making can be defined as a process of choosing between alternatives to achieve a goal.