Identifying a problem is the second step in the decision-making process.
Having to start the decision process all over is a possibility when the decision-making process ends.
An example of a possible decision criterion is the price of a particular computer brand.
The relevance of a decision defines a decision criterion.
Managing and decision making are synonymous.
An assumption of managerial decision making is to be rational.
Managers tend to operate under bounded rationality assumptions.
Nonprogrammed decisions tend to be repetitive and routine.
The minimax approach is often followed by an optimistic manager.
Analytical-style decision makers work well with others.