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Leading business writers emphasize that __________ is one of the most important and challenging tasks in the decision-making process. (a) Escalation of commitment (b) Rational maximization (c) Translating decisions into action (d) Confirmation bias (e) Bounded rationality

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01-12-2022

Leading business writers emphasize that execution—translating decisions into action—is one of the most important and challenging tasks in the decision-making process.

What do you mean by the decision-making process?

Making decisions involves identifying a course of action, acquiring data, and weighing potential answers. By gathering pertinent data and outlining options, a step-by-step decision-making process can assist you in making more careful, considered decisions.

Why is decision-making so important?

Decision-making is crucial since it enables you to select from a variety of possibilities. Gathering all relevant data and weighing its benefits and drawbacks are necessary steps before reaching a decision. In order to make the best judgments, it is essential to concentrate on the actions that can assist.

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